Online sales tax revenue help keeps Texarkana, AR afloat

Texarkana

TEXARKANA, Ark. (KTAL/KMSS) – In Texarkana, Arkansas, the mayor says the economy is surviving on sales tax revenue.

Mayor Allen Brown said the purchases of personal protective equipment like masks, hand sanitizers, and soaps helped increase sales in the city.

“The biggest revenue source for the city certainly is sales tax revenue and that has maintained it. Maintained its own over these last several months. And it’s in line with what we were receiving in 2019. If not, up a little bit.”

In-store purchases declined at the beginning of the year, but online sales have been the biggest lifesaver for the city.

“We are getting those sales tax on online purchases now. We’ve been getting that over a year now. That has really been beneficial for every city in Arkansas.”

Brown says hotels and restaurants took the biggest hit. Despite the circumstances, new businesses have opened in the downtown area.

“Businesses are still moving downtown. There are still some properties that are being looked at down there. Of course, on the Texas side of town, the Grim Hotel renovations are still ongoing. We have the Cross Ties Event Center that’s been able to have some events down there with their restrictions.”

The biggest struggle has been balancing economy and health. Brown says residents must continue to follow the COVID-19 guidelines so that the city doesn’t experience another shutdown.

“We need them following those directives so that we don’t get in those situations where we do have to shut it back down and limit them to carry-out only. Or limit gatherings of only so many people.”

Mayor brown said overall Texarkana, Arkansas is maintaining the economy through consumer sales.

Stay up to date with the latest news and weather by downloading the Arklatexhomepage News App from the App Store or Google Play.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More Check This Out
Loving Living Local 600x600

Don't Miss