Texas State Comptroller Susan Combs’ report for April sales tax rebates shows that the city’s receipts for the month are down by 1.28 percent, from $209,407.71 last April to $206,722.82 this month.
Year-to-date rebates have suffered more.
The report shows that the $854,990.31 in rebates the city has received so far this year are down by 5.59 percent, compared to the $905,629.98 the city collected by this time in 2009. The report also shows that Bee County rebates on the half-cent sales tax it collects is down by 10.13 percent.
The county collected $81,760.30 this month, compared to the $90,977.26 it collected in April 2009.
So far this year, the county has received $333,634.99 from Austin. That is down by 9.09 percent from the $367,001.41 the county collected by this time last year.
Statewide, Combs said sales tax revenues have declined by 7.8 percent compared to the same period last year.
“For the second month in a row, the decline in sales tax collections continued to moderate,” the comptroller said.
“Following an eight-month stretch of double-digit declines, the pace of revenue losses is slowing. Oil and gas, construction, manufacturing and retail industries registered lower sales tax revenue collections than one year earlier,” Combs said. “We expect further declines in the near term followed by a return to sales tax revenue growth later this year.”
Cities, counties, transit systems and special purpose taxing districts were to receive $394.1 million this month, a decline of 3.6 percent from last April. Overall rebates to cities, at $394.1 million, are down by 3.6 percent. So far this year, the decline in receipts is at 7.4 percent.
The $24 million going to counties this month is down by 7.7 percent, compared to April 2009. Since the first of the year that decline has reached 12.9 percent for counties.
March sales tax revenue and April rebates made to local governments actually represent sales that were made in February, Combs reported.
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