The 1 percent sales tax check for June presented to the city of Springfield from the Missouri Department of Revenue was $3.45 million, a 5.4 percent increase compared to $3.3 million received in June of fiscal 2010, according to a city news release.
June is the final month in the city's 2011 fiscal year, which ends June 30. Year-to-date sales tax revenue collections totaled $36.2 million, a 2.3 percent increase compared to fiscal 2010, which brought in $35.4 million.
The city's sales tax checks represent collections from previous months. The sales tax check for July, the first month of fiscal 2012, will represent collections from June and likely May of fiscal 2011, said Nancy Prine, senior executive secretary for the city of Springfield Finance Department. Springfield's 1 percent sales tax monthly collections in fiscal 2011:
July - $3,585,481 August - $1,939,600 September - $3,918,371 October - $3,216,946 November - $1,970,462 December - $3,398,681 January - $3,108,002 February - $2,943,586 March - $2,601,157 April - $3,735,145 May - $2,383,214 June - $3,445,019 Total - $36,245,664
Springfield's 1 percent sales tax monthly collections in fiscal 2010:
July - $3,081,912 August - $2,128,719 September - $3,971,997 October - $2,994,977 November - $2,085,641 December - $3,157,202 January - $3,378,537 February - $2,483,085 March - $3,177,811 April - $3,451,208 May - $2,259,850 June - $3,267,357 Total - $35,438,295[[In-content Ad]]
BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.