directory
Sales tax rebates creep up slightly
Jun 15, 2014 | 105 views | 0 0 comments | 7 7 recommendations | email to a friend | print
AUSTIN – The latest sales tax rebate report from State Comptroller Susan Combs’ office indicates that the recent drop in the amounts of those rebates may be slowing down some.

Bee County’s rebate this month amounted to $174,540.96. That is the first time in months that the rebate has increased for the county.

The comptroller’s report showed that the rebate was up by 12.32 percent compared to last month’s $155,395.13 payment.

Year-to-date rebates are still down some for the county. The report showed that the county had collected $990,804.93 in rebates from Combs’ office since January. That is down by 5.32 percent from the $1,046,523.27 the county had received by this time last year.

The city collected a $312,700.03 rebate check from Combs’ office this month. That was 3.53 percent less than the $324,157.71 the city took in last month.

So far this year, rebates to City Hall have come to $2,019,884.69. That is a decrease of 11.10 percent when compared to the $2,272,289.81 Beeville collected by this time last year.

Statewide, sales tax rebates are up for June. The comptroller’s report showed that total rebates sent to cities, counties, transit systems and special purpose taxing districts came to $621.5 million. That is up by 11.6 percent from last June’s rebates.

So far, statewide rebates to all taxing entities have increased by 7.6 percent.

June rebates to cities were $404.6 million, up by 10.7 percent from last June’s figure. Counties received $40.7 million for an increase of 11.9 percent more than last June.

Sales taxes are collected by Texas’ businesses and the portion of those taxes that are due to the various taxing entities is transferred to those entities monthly.
Comments
(0)
Comments-icon Post a Comment
No Comments Yet