With one month remaining on the calendar sales tax collections in Booneville have surpassed totals for 2012, 2013 and 2014 and are just $10,000 short of the 2015 collections.
With the opening of a new Walmart Supercenter in 2015, the tax was up 10.1 percent over 2014 and it is currently outpacing the 2015 numbers by 7.4 percent with a month remaining.
In November the tax took in $51,593.39. That is almost flat — up 0.4 percent in comparison to October’s collection — but marks the ninth time in 10 months collections topped $50,000.
Receipts from the State Treasurer’s office were also up 4.9 percent, or just over $2,400, compared to November of 2015 and the $574,416.67 taken in to date in 2016 makes breaking the $600,000 mark for the first time since the aftermath of the Cargill fire a near certainty.
Sales tax collections have already exceeded the levels for all of 2011 and 2012.
Because the taxes collected in November are taken in by businesses in September and remitted to the state in October, all funds generated were after approval of a sales tax to build and maintain a new jail in Logan County. That tax will not start being collected until Jan. 1.
Booneville’s sales tax was renewed for a fifth five-year term last year.
A second one percent tax collected in the city is dedicated to the operation of Booneville Community Hospital. Proceeds of that tax, which is perpetual, are turned over to Mercy Hospital, which assumed operation of the hospital on Jan. 1, 2014.