Northwest Arkansas sales tax revenue up almost 6% in recent report
by January 28, 2025 6:02 pm 549 views
The four largest Northwest Arkansas cities reported a combined 5.62% increase in sales tax collected from merchants in December. The numbers reported to the cities by state officials in January show November transactions. The cities had $9.728 million in combined revenue.
Rogers reported revenue of $2.576 million, up 10.25% from a year ago. City officials have budgeted for a 9.25% growth in 2025 sales tax revenue based on expected new retail development. Bentonville had the smallest gains in the report with sales tax revenue growth of 1.7% from a year ago. The city reported revenue of $2.194 million.
Fayetteville had revenue of $2.847 million, up 6.24% from a year ago. The city is coming off of modest 1.37% gains in 2024, much lower than the 6%, 10.49% and 14.7% growth reported in the preceding three years.
Springdale Mayor Doug Sprouse said the 3.66% revenue gains – with $2.109 million up from $2.035 million – his city posted in the January report were solid. He said the city budgeted for between 2.5% and 3% gains in 2025.
“We are cautious with our estimates, but we continue to see new retail development downtown and uptown. As long as the economy stays steady we should have a solid year of tax revenue growth. That’s our hope,” he said.
2025 JANUARY REVENUE
Bentonville
2025: $2.914 million
2024: $2.158 million
2023: $1.901 million
2022: $1.472 million
2021: $1.749 million
Fayetteville
2025: $2.847 million
2024: $2.649 million
2023: $2.651 million
2022: $2.472 million
2021: $2.060 million
Rogers
2025: $2.576 million
2024: $2.337 million
2023: $2.341 million
2022: $2.154 million
2021: $1.756 million
Springdale
2025: $2.109 million
2024: $2.035 million
2023: $1.926 million
2022: $1.755 million
2021: $1.465 million