Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Craighead County sees sales tax collection rise.


Craighead County reported a 6.7 percent increase on its 1 percent sale tax receipts in February over the same month in 2008.

The county collected $1.6 million, which reflects the amount collected at Craighead County's cash registers in December, said Craighead County Treasurer Russell Patton III. The county set a one-month record for sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government.  collections when it received $1.66 million in November, which was for sales made in September.

Patton said that he thought the sales tax collections received in February were high because people from surrounding sur·round  
tr.v. sur·round·ed, sur·round·ing, sur·rounds
1. To extend on all sides of simultaneously; encircle.

2. To enclose or confine on all sides so as to bar escape or outside communication.

n.
 counties came to Jonesboro to do Christmas shopping. The $100 million, 760,000-SF Mall at Turtle Creek Turtle Creek may refer to: Streams
  • Turtle Creek (Dallas County, Texas), a tributary of the Trinity River
  • Turtle Creek (Kerr County, Texas), a tributary of the Guadalupe River
  • Turtle Creek (Matagorda County, Texas)
, which opened in Jonesboro in 2006, is a regional retail hub for northeast Arkansas Arkansas, river, United States
Arkansas (ärkăn`zəs, är`kənsô'), river, c.1,450 mi (2,330 km) long, rising in the Rocky Mts., central Colo.
.

Patton said December sales tax collections were flat in neighboring neigh·bor  
n.
1. One who lives near or next to another.

2. A person, place, or thing adjacent to or located near another.

3. A fellow human.

4. Used as a form of familiar address.

v.
 counties.

Patton said he hopes the trend of rising sales tax collection continues.

Since January 2008, Craighead County has seen sales tax collections increase every month except one.

"We'll keep our fingers crossed for next month," Patton said.
COPYRIGHT 2009 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:NE Journal: A Look at News From Northeast Arkansas
Author:Friedman, Mark
Publication:Arkansas Business
Date:Mar 9, 2009
Words:170
Previous Article:Met Bank shakes up senior management.
Next Article:Dallas Flooring company closing Melbourne plant.
Topics:



Related Articles
Sales tax receipts slip in Craighead County.
State sales tax collections top $2 billion in 2005.
Craighead collects record sales tax.
Bono project stalls; sales tax considered.
Jonesboro sales taxes slip after record month.
Craighead County sees sales tax collections fall.
Craighead County repeats drop in sales tax receipts.
Craighead County still seeing sales tax slide.
Sales tax receipts down 6.7% in Craighead County.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles