Springfield, MO

Log in Subscribe

Springfield’s sales tax check ahead of projections

Posted online

After receiving three below-budget issuances, the city of Springfield’s December sales tax check from the state is above officials’ projections.

The sales tax check for the month totals $4.4 million, which is 3 percent above the city’s December forecast of $4.2 million, according to a news release.

November’s check was 7 percent below budget, while October’s was 9 percent less and September’s was 7 percent lower than expected. Springfield Finance Director David Holtmann attributed the below-budget months to processing delays.

The December check also is 12 percent higher than the same month a year earlier, according to the release.

For the city’s fiscal year that started July 1, sales taxes are 1 percent below projections.

Springfield uses the sales tax checks from the Missouri Department of Revenue on services such as the Police and Fire departments. Roughly 56 percent of the city’s general fund comes from sales and use taxes.


No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Jungle Gym LLC

Indoor kids playground Jungle Gym LLC opened; Pinnacle Business Solutions LLC started as a home-based business-consulting firm; and a church building in Ozark was converted to The Finley.

Most Read Poll
Which medical marijuana initiative(s) will you vote for on Nov. 6?

View results