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Craighead County still seeing sales tax slide.


For the first time since at least 1999, Craighead County reported a fourth consecutive month of declining revenue from its 1 percent 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.  when compared with the same month in the previous year.

In June June: see month. , the county collected $1.2 million, which was down 5.8 percent from June 2008, accordmg to numbers provided by the Craighead County Treasurer's office. And through the first six months of 2009, the tax is off 1.57 percent from the same period in 2008.

Craighead County Treasurer Russell Russell, English noble family. It first appeared prominently in the reign of Henry VIII when

John Russell, 1st earl of Bedford, 1486?–1555, rose to military and diplomatic importance.
 Patton Pat·ton   , Charley 1881-1934.

American blues singer and guitarist who wrote several blues standards, including "Mississippi Boll Weevil Blues," and helped pioneer the Mississippi blues style.
 III said he wasn't sure what was causing the declines in collections, which reflect the amount collected at Craighead County's cash registers two months earlier.

"The only thing I can say is we're looking two months behind, so hopefully it's turned around and we haven't seen the results of it yet," he said.
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Title Annotation:NE Journal: A Look at News From Northeast Arkansas
Author:Friedman, Mark
Publication:Arkansas Business
Date:Jul 20, 2009
Words:140
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