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Springfield’s sales taxes drop below projections

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City of Springfield officials expected its November sales tax check from the state to come in at $2.8 million. However, the check amounted to $2.65 million, roughly 7 percent below forecasts.

Through November, fiscal 2018 totaled $17.8 million, about 2 percent below the city’s projections, according to a news release.

“The city continues to experience significant delays in processing the city’s largest vendor payments — approximately one in five of our top 50 vendors did not have their final monthly payment processed and approximately one out of three of our top vendors were behind in processing at least one month,” Springfield Finance Director David Holtmann said in the release.

Holtmann previously said delays are being caused by a “timing issue on when the taxes were remitted to the Department of Revenue or some other factor.”

Compared with the same month last year, November sales taxes dropped by 4 percent, according to the release.

The city uses the sales tax checks from the Missouri Department of Revenue on services such as the Police and Fire departments. Roughly 56 percent of the city’s general fund comes from sales and use taxes.

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