Springfield Tax Revenue Down for August

Springfield’s August sales tax revenue from the Missouri Department of Revenue were down almost four percent compared to August 2018.

The check for the city was $2,960,512, just over $124,500 less than the previous year. The check reflects sales from June processed by the state in July.

The fiscal year-to-date has revenue down about 2.5% but over the last 12 months the revenue was up 1.5%. Compared to the budget, revenue is up 5% on a monthly basis and 1.74% on a year-to-date.

Approximately 56 percent of revenue for the city comes from sales and use tax.