State Sales tax for December

By Timothy J. O’Malley, Special to the Journal

Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $695.2 million in local sales tax allocations for December, 10.8 percent more than in December 2016. These allocations are based on sales made in October by businesses that report tax monthly.

Cities across the state, on average, saw a 3.5 percent increase year-to-date change; Counties saw a 6.6 percent increase YTD; Transit systems had an increase 3.6 percent YTD; and special purpose taxing districts saw an increase of 12.8 percent YTD.

This month, in Freestone County, Streetman generated 58.72 percent more revenue than this time last year.

With exception to Thornton, the cities in Limestone County generated more revenue this month than this time last year. Kosse saw the greatest increase of 47.38 percent. Thornton saw a decrease of 25.21 percent.

Limestone County, total net payments this period: $284,080.55; Comparable payment prior year: $247,207.17; Percent change: a positive of 14.915 percent

Total payments YTD: $3,435,848.90; Total prior year payment YTD: $3,358,379.05; Percent Change: 2.306 percent.

For Freestone County, total net payments this period: $164,429.42; Comparable payment prior year: $175,459.80; Percent change: negative 6.28 percent

Total payments YTD: $2,373,154.81; Total prior year payment YTD: $2,437,181.23; Percent Change: negative 2.627 percent.

City sales tax revenue breakdown are as follows:

Limestone County

Mexia received $210,513.60 compared to the $183,747.66 reported in this month in 2016, an increase of 14.56 percent. Year-to-date, Mexia received $2,565,805.46. That number is .51 percent more than the $2,552,673.34 year-to-date total, 12 months ago.

To read more of this story, pick up a copy of Thursday's edition of The Groesbeck Journal! You can also subscribe online or call 254-729-5103.

 

Groesbeck Journal

P.O. Box 440
Groesbeck, TX 76642
Phone: 254-729-5103
Fax: 254-729-0362