Sales tax rebates continue to rise for county, city
Oct 19, 2012 | 736 views | 0 0 comments | 6 6 recommendations | email to a friend | print
AUSTIN — The sales tax rebate news was good for Beeville and Bee County again this month.

State Comptroller Susan Combs reported that the county’s rebate of $241,359.56 was up by 71.46 percent compared to the $140,759.98 payment sent last October.

Since January the county has seen its sales tax rebates improve by 79.39 percent, from the $1,170,572.25 collected by this time last year to $2,099,958.49 received this year.

Sales tax rebates also were up for the city.

Beeville’s $364,413.92 payment was up by 13.06 percent from the $322,310.36 the city collected from Combs’ office last October.

The city’s sales tax rebates have totaled $3,528,145.38 since January. That is an improvement of 26.85 percent compared to the $2,781,330.92 taken in during the same period in 2011.

“Continued strength in the manufacturing and oil and natural gas sectors led to the sales tax revenue increase,” Combs said.

“Collections were also boosted by improvement in consumer spending at restaurants and retail stores. State sales tax revenue has now increased for 30 straight months.”

Most of the improvement in local sales tax rebates has been attributed to an influx of new jobs and businesses brought by activity in the Eagle Ford Shale oil field.

Combs said the state distributed $551 million in sales taxes to local governments this month.

Most of that, $361.9 million, was sent to cities. So far this year that is up by 18.1 percent.

Another $38.1 million went to counties, reflecting an overall increase of 14.5 percent this year.

Transit systems received a total of $123.7 million and special purpose taxing districts collected $27.3 million from Combs’ office.
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