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Sales tax rebates continue to soar for city, county
May 13, 2012 | 923 views | 0 0 comments | 14 14 recommendations | email to a friend | print
AUSTIN — Texas Comptroller Susan Combs announced that state sales tax revenue in April was $2.07 billion, up 10.9 percent compared to April 2011.

Those increases were substantially more for Beeville and Bee County as a result of activity associated with the Eagle Ford Shale oil field.

“Sales tax revenue has now increased for 25 consecutive months. Recent strength in sales tax collections continued in both business and consumer spending categories,” Combs said. “Growth was led by the oil and natural gas-related sectors, while significant gains also came from retail trade and restaurants.”

Combs will send May sales tax allocations totaling $633 million to cities, counties, transit systems and special purpose taxing districts, up 5.5 percent compared to May 2011.

Beeville’s sales tax rebate from Austin came to $380,783.41, a 25.63 percent increase compared to the $303,097.30 the city received for the same month in 2011.

So far this year, the city has collected $1,781,869.52 in sales tax rebates from Combs’ office. That is up by 27.93 percent compared to the $1,392,817.14 Beeville received by this time last year.

Bee County’s increase in sales tax rebates from Austin hit a whopping 62.09 percent this month, up to $211,155.38 compared to the $130,269.06 it received for the same period last year.

Since January, the county has collected $841,852.12 from the comptroller’s office for an increase of 48.92 percent compared to the $565,291.32 the county received by this time in 2011.

The sales tax figures represent monthly sales made in March as well as January, February and March sales by businesses that report tax quarterly.

Gary Kent is a reporter at the Bee-Picayune and can be reached at 358-2550, ext. 120, or at reporter@mySouTex.com.
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