“Total sales tax collections have met or exceeded year ago levels for a second month in a row, following 14 months of decline. This may indicate that a bottom has been reached,” Combs said.
The trend is showing in Beeville and Bee County.
According to the comptroller’s web site, Beeville’s May sales tax rebate was $216,130. That was an increase of 6.07 percent from the $203,747.88 the city received for the same period in 2009.
Bee County saw a more impressive rebate that month. It’s payment of $101,399.09 was up by 30.78 percent compared to the $77,531.91 the county received at this time last year.
Year-to-date rebates are still running behind those of 2009, however.
Since January, the city had received $1,319,972.38 from Austin. That is down by 3.75 percent from the $1,371,496.67 the city collected by this time last year.
Bee County’s year-to-date rebates are down by 2.79 percent. The comptroller’s office reported that its staff has sent $535,355.35 to the county since January. By this time last year, the county had received $550,769.34.
On Friday, Combs will send cities, counties, transit systems and special purpose taxing districts $437.3 million in local sales tax allocations, down 0.9 percent compared to last May.
These sales tax allocations represent sales that occurred in April.
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