March 8, 2011

Neosho March Sales Taxes Receipts Decline

Neosho’s March sales tax receipts were DOWN just over 21% compared to the same time last year.  That follows an increase of 26% last month vs. the same time a year ago.  For the first half of the year, Neosho’s 1% general sales tax revenues are DOWN 2.62% compared with the previous year – or about $25,500.

The last time sales tax revenues were this low was in 2007.

(This data reflects sales tax receipts which are paid to the city during the first week of each month.  Tax receipts to the city typically lag several weeks from when the taxes are collected and remitted to the state by businesses.)

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