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Faulkner County treasurer reports rising revenue, predicts sales-tax milestone
Summary
Treasurer Sampson told the Budget and Finance Committee that county revenues are above last year and that sales-tax collections could top $15 million; committee described timing for upcoming budget work.
Treasurer Sampson told the Faulkner County Budget and Finance Committee on Oct. 31 that county revenues are running ahead of last year and that sales-tax receipts have risen sharply since June.
Sampson said county general-fund and other fund balances were reviewed and that total sales-tax receipts year-to-date stood well above last year’s pace. “So I'm anticipating we're probably gonna break the $15,000,000 mark in sales tax,” Sampson said, noting a multimonth increase and a larger…
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