directory
County, city sales tax rebates up for year
May 20, 2013 | 661 views | 0 0 comments | 13 13 recommendations | email to a friend | print
BEEVILLE — Sales tax rebates slipped slightly for Bee County when the office of State Comptroller Susan Combs sent out payments last week.

The $191,785.86 rebate was down by 9.17 percent when compared to last May’s rebate of $211,155.38.

But Bee County has seen a phenomenal improvement in recent months when compared to the previous year’s rebates.

According to Combs’ report, the county has received $891,128.14 so far this year. That is an increase of 5.85 percent compared to the $841,852.12 rebate the county received in May 2012.

Most of that increase is being attributed to sales of oil and gas related materials purchased here for use in the Eagle Ford Shale formation.

The city saw a handsome increase in sales tax rebates this month. The $462,638.45 rebate was up by 21.49 percent when compared to the $380,783.41 it received last May.

Since January, the city has collected $1,948,132.10 in rebates from Austin for an increase of 9.33 percent over the $1,781,869.52 the city collected by this time in 2012.

This month’s total rebates sent out to cities, counties, transit systems and special taxing districts came to $668.5 million, according to Combs’ office report.

That was up by 5.6 percent compared to what was sent

Of that, the majority, $441.8 million, was sent to cities. That was an increase 4.9 percent over what the comptroller’s office sent out last May.
Comments
(0)
Comments-icon Post a Comment
No Comments Yet