One month removed from flirting with the $60,000 collection mark for the first time in years, sales tax collections for the City of Booneville were at their lowest in almost two years.
The first month that also included sales tax collections approved last July for the Logan County Jail — the tax started to be assessed Jan. 1 with the monthly collections remitted to State Treasurer Dennis Milligan’s office in February, and turned back to the county last week — saw the city take in $47,583.85 last week.
The March total is the lowest since April of 2015. It is also a drop of over 20 percent from last month’s $59,839.02 collection. It is also almost $900 lower than the March 2016 collection, or a more modest 1.8 percent.
Year to date collections of $160,838.18 are still ahead of the 2016 pace by $5,593.53 or 3.6 percent.
Collections for 2016, when the tax took in more than $624,000 were up 6.7 percent over 2015 when collections of almost $585,000 were up 10.2 percent over 2014.
The biggest difference for the 2015 numbers and since has been the opening of a Walmart Supercenter, after which the company’s former home became home to two other businesses in the former Walmart building.
Booneville’s sales tax was renewed for a fifth five-year term in 2015 with the following funding formula.
• Street Department, 5 percent;
• Police Department, 22 percent;
• Fire Department, 10 percent;
• Area Agency/Senior Center;
• Airport, 7 percent;
• Parks, 5 percent;
• City Improvements, 30 percent;
• Animal Control, 5 percent;
• Cemetery, 2 percent; and
• BDC/Chamber, 4 percent.
A second one percent perpetual tax collected in the city is dedicated to the operation of Booneville Community Hospital and is remitted to Mercy Hospital, which assumed operation of the hospital on Jan. 1, 2014.