County sales tax rebates show 71 percent surge
by Bee-Picayune staff
Aug 12, 2012 | 1113 views | 0 0 comments | 5 5 recommendations | email to a friend | print

BEEVILLE — Bee County has seen another whopping increase in sales tax rebates from State Comptroller Susan Combs’ office.

According to the latest report from the comptroller’s office, the $245,139.06 rebate for the county this month was 82.49 percent higher than the $134,326.95 the county received last August.

The $1,593,713.70 in total sales tax rebates that the county has received since January is 71.54 percent more than the $929,029.36 in sales taxes it received by this time last year.

“It’s not a bad thing,” County Judge David Silva said. “We’re very fortunate and blessed,” he continued.

Silva said the increasing sales taxes coming to the county shows the amount of oil field activity here.

“We hope to take advantage of it and put some aside,” Silva said.

Meanwhile, the city’s rebate was not exactly shabby. The August rebate of $408,816.25 was up by 34.15 percent when compared to the $304,742.63 Beeville received last August.

Since January the city has received sales tax rebates totaling $2,828,523.21. That is up by 28.61 percent compared to the $2,199,193.38 the city received by August of 2011.

“Business spending in the oil and natural gas industry and other sectors continues to be robust,” Combs said. “That spending, along with increases in consumer sectors such as retail trade, continues to boost sales tax collections.

“State sales tax revenue has now increased for 28 consecutive months.”
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