The city of Branson saw a downturn in tax revenues in the most recent monthly reports, but even with decreases compared to 2021, revenues were still near record levels.
Branson received over $1.1million from the 1% sales tax for the month of June, a decrease of 5.8% from a record 2021. The June revenue is an indicator of the business conducted in the city in April, processed by the state in May, and then released to the city by the Missouri Department of Revenue. The amount is the second highest ever recorded by the city for the month of June. Discounting 2021, the previous high month for June was 2016, with revenue of just over $1 million, making 2022 the second highest monthly sales tax revenue in Branson history. The 2022 amount is almost $250,000 more than pre-pandemic 2019.
The city’s year-to date sales take revenue is around $6.3 million which is 15% ahead of last year’s record pace.
More details on the revenue report can be found on the Branson Tri-Lakes News Website.
(Story by Jason Wert, Branson Tri-Lakes News)