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County sales tax rebates increase by 75 percent for year since January
Nov 23, 2012 | 1075 views | 0 0 comments | 7 7 recommendations | email to a friend | print
AUSTIN — Once again local sales tax rebate figures showed a marked improvement for Beeville and Bee County.

According to the latest report from Texas Comptroller Susan Combs last Wednesday, Bee County saw its monthly rebate increase by 35.36 percent, from the $142,987.45 received this month last year to $193,548.74 for this month.

Since the first of this year, the county has collected $2,293,507.23 for an increase of 74.6 percent from the $1,313,559.70 collected by this time in 2011.

The same report shows that Beeville received a rebate of $363,406.60 for October, up by 11.43 percent from the October 2011 payment of $326,106.44.

Since January, the city has seen its rebates increase by 25.23 percent from $3,107,437.36 to $3,891,551.98.

Statewide sales tax revenue in October was $2.03 billion, up 8.2 percent compared to October 2011.

“The state’s growth in sales tax revenue continued to be led by collections from the oil and natural gas-related sectors,” Combs said. “We also saw strong consumer spending drive gains in retail trade and the restaurant sector as well.”

Combs will send November local sales tax allocations totaling $611.5 million to cities, counties, transit systems and special purpose taxing districts, up 5.4 percent compared to November 2011.
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