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Fayetteville reports modest sales‑tax gains; city still faces $3 million budget shortfall
Summary
CFO Steven Dotson told the council that May taxable sales totaled about $287 million, a 5.5% year‑over‑year gain, with year‑to‑date sales tax above budget by roughly $688,000—but he said it remains unlikely the city will fully erase a planned $3 million General Fund deficit this year.
CFO Steven Dotson reported to the Fayetteville City Council on Aug. 19 that taxable sales in May totaled about $287,000,000, a 5.5% increase over May 2024. Dotson said the gain was led by construction, information, and transportation/warehousing sectors and that the City 1‑cent sales tax was up about 5.4% month‑to‑month (roughly $143,000).
Dotson told council that combined city and county sales tax collections for May were up about 5.5% (approximately $261,000) versus May 2024, and that year‑to‑date the combined collections are…
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