For the first two months of FY2012, Neosho’s sales tax revenues are up 21% over the same time last year. For the month of November, 1% general sales tax revenues were $156,247.12 (compared to $128,397.72 in 2011).
Sales tax revenues have remained strong since July of last year. Conventional wisdom says revenues are up due mainly to the impact of the May 2011 tornado in Joplin. The impact includes both the temporary displacement of families to our area along with the disturbance to available retail outlets in Joplin – primarily the Wal-Mart and Home Depot stores located on Rangeline Road.
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