by - May 2, 2018 3:09 pm
Sales tax collections have missed expectations and previous year performances for the first quarter of 2018 by close to $500,000 when combining Fort Smith sales tax and the city’s share…
by - March 26, 2018 1:33 pm
Fort Smith sales tax revenues launched 2018 with a two-month losing streak. According to data released by the city on Friday (March 24), the state’s second largest city trailed January and…
by - March 20, 2018 4:10 pm
While most Arkansas cities released updated sales tax reports at the first of the month, the city of Fort Smith has run into delays due in part to implementation of…
by - February 12, 2018 5:28 pm
Sales tax revenue for 2017 finished just ahead of 2016 with $42.408 million, culled from a 2% rate that includes 1% for Fort Smith’s streets program, 0.75% for bond issues,…
by - December 19, 2017 11:05 am
Fort Smith city sales tax revenues were off slightly in October, which is the last reported month of collections and reflects August transactions. The combined city sales tax tally for…
by - November 8, 2017 6:08 pm
Sales tax revenue fell 4.83% in Fort Smith’s September report to $1.637 million from $1.72 million the previous year, but year-to-date figures for 2017 continue to hold up at $16.021…
by - October 22, 2017 9:38 pm
Sales tax revenue fell more than 3% in Fort Smith’s August report, with year-to-date revenue up 1% and 2.6% above the budget estimate. Franchise revenue could end the year 5%…
by - August 27, 2017 6:03 pm
Sales tax revenue fell more than 2% in Fort Smith’s July report, with year-to-date revenue up 1.6% and 2.2% above the budget estimate. However, franchise revenue could end the year…
by - July 25, 2017 4:15 pm
Fort Smith revenues saw slight gains for June on city and county sales tax sides, according to Fort Smith Finance Director Jennifer Walker. In a Tuesday (July 25) memo to…
by - June 8, 2017 6:10 pm
City sales tax revenues went through a “timing issue” that caused a broad swing across March and April, according to Fort Smith Finance Director Jennifer Walker. In a Thursday (June…
by - March 20, 2017 2:57 pm
Fort Smith closed 2016 in a final unaudited report submitted Saturday (March 18) that showed slight gains in the city’s sales tax collections for December and the year as a…
by - January 11, 2017 12:16 pm
Fort Smith city sales tax collections tapered off 2% in November 2016 compared to the same period last year and fell short by 2.2% against the month’s revised budget estimates….
by - August 31, 2016 3:22 pm
Fort Smith posted its first sales tax report since slicing budget items at an Aug. 16 Board of Directors meeting in response to underperforming sales tax revenue. So far, it’s…
by - July 26, 2016 6:22 pm
Fort Smith sales tax revenue continues to fall short of budget expectations for 2016 with June seeing only a 0.4% bump in revenue, which is 4.9% below budget estimates for…
by - June 27, 2016 6:38 pm
Fort Smith sales tax collections are trending in the wrong direction to begin 2016, with one Fort Smith Director saying the numbers are “a surprise” and could force the city’s…
by - May 31, 2016 7:11 pm
Fort Smith sales tax collections ended 2015 on a good trend but the first four reporting months of 2016 are pushing a thin margin for the city’s pocketbook, with collections…
by - February 29, 2016 3:56 pm
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by Talk Business & Politics, and sponsored by Arvest Bank. Supporting sponsors of…
by - October 27, 2015 2:57 pm
Sales tax revenue collected by Fort Smith was down in the September report, only the second month this year that city sales tax revenue has declined, and only the third…
by - September 30, 2015 5:30 pm
After posting wide variations for the past three reporting months, city of Fort Smith sales tax revenue moderated in the August report to a 2.29% gain for city sales taxes…
by - August 27, 2015 9:44 pm
One could get whiplash watching the last few monthly Fort Smith sales tax revenue reports. The 1% street tax tally was up 11.6% in the May report, down 5.47% in…
