YOUR BUSINESS AUTHORITY
Springfield, MO
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.
Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.