Craighead County, Jonesboro set yearly sales tax collection records by wide margins
by January 23, 2020 5:16 pm 912 views
Many communities throughout the Delta region continue to bleed residents, jobs, and vital sales tax revenue, but the largest county in the region, Craighead, and its seat, Jonesboro, continue to set sales tax collection records year after year.
Craighead County ended 2019 with $21.281 million in sales and use tax receipts, an all-time record, according to the Treasurer’s Office.
The total was a more than 5% increase from 2018 when the previous record was set, and the county collected more than a million dollars over last year, the first time the county has topped a previous year by a million or more dollars.
Jonesboro showed an identical growth pattern.
Northeast Arkansas’s hub city tallied $19.063 million in city sales and use taxes, a 4.84% ($879,470) increase as compared to 2018, the previous record year for the city.
The $879,470 is the largest one year increase ever in Jonesboro, according to figures released by the city. Jonesboro beat its projected budget by 4.75%.