Sales tax revenue continues to increase
Apr 14, 2013 | 1272 views | 0 0 comments | 3 3 recommendations | email to a friend | print
BEEVILLE — Sales tax rebates to cities, counties and special taxing districts were up again in April, according to a recent report from State Comptroller Susan Combs’ office.

As usual, the city received the largest rebate in Bee County, even though the year-to-date rebates are slightly less than they were at this time in 2012.

The report showed that Beeville received a $329,694 payment from Austin. That is up by 8.81 percent compared to last April’s payment of $302,977.30.

Since January, the city has collected $1,065,382.49 in sales tax rebates from Combs’ office. That reflects a drop of 0.52 percent compared to the $1,070,974.30 the city took in by this time last year.

Bee County continued to collect higher sales tax refunds from Austin.

This month’s $160,201.86 payment was up by 14.09 percent from last March’s $140,411.34.

Since the first of the year the county has seen its sales tax rebates improve by 12.28 percent, climbing from $462,282.26 at this time in 2012 to $519,051.92 this year.

Sales taxes collected from Texas businesses are sent to Austin and each month Combs’ office returns the amount within the various taxing entities within each county.

This month the comptroller’s office returned $521.9 million to taxing entities with the majority of that, $343.1 million, going to cities.

Transit authorities in the larger cities received rebates of $117 million and counties took in $35.2 million.

Special purpose taxing districts came in at the bottom of the list with collections of $26.6 million.

“Sales tax revenue growth was seen in both the business and consumer sectors of the economy,” the comptroller said. “Collections grew in sectors such as manufacturing and retail trade. Sales tax revenue has now increased for 36 consecutive months.”

Total sales tax revenue sent to Austin was $1.9 billion, reflecting an increase of 5.5 percent.

The rebates were for sales taxes paid on sales made in February by monthly filers.
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