The City of Springfield’s February sales tax check from the Missouri Department of Revenue is 19 percent higher than the amount budgeted. The sales tax check was $3,717,693. That’s $592,566 more than what was expected.
The check reflects sales processed by the state in January from transactions made primarily in December. On a year to date basis, with February being the eighth month in the 2017-2018 fiscal year, revenues are up 1 percent compared to budget.
Finance Director David Holtmann said this is a positive sign for the economy and the City.