Currently, the City of San Marcos is nine months into the yearly fiscal budget. And out of those nine months, sales sales tax revenues have been in deficits they weren’t expecting, according to the current fiscal budget projections.
Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $679.9 million in local sales tax allocations for July, 9 percent more than in July 2016. These allocations are based on sales made in May by businesses that report tax monthly.
“The cities of Houston, San Antonio, Dallas, Austin, Fort Worth, Midland and Odessa saw noticeable increases in sales tax allocations,” Hegar said.
| CITY | RATE | NET PAYMENT THIS PERIOD | COMPARABLE PAYMENT PRIOR YEAR | % CHANGE | PAYMENT YTD | PRIOR YEAR PAYMENT YTD | % CHANGE |
|---|---|---|---|---|---|---|---|
| BUDA | 1.500% | $500,612.74 | $451,326.14 | 10.92% | $3,438,612.37 | $3,264,584.28 | 5.33% |
| DRIPPING SPRINGS | 1.250% | $155,877.64 | $153,792.68 | 1.35% | $1,155,513.15 | $1,113,899.00 | 3.73% |
| HAYS | 1.000% | $1,194.04 | $554.75 | 115.23% | $8,061.22 | $7,202.74 | 11.91% |
| KYLE | 1.500% | $564,812.08 | $508,766.81 | 11.01% | $4,113,122.80 | $3,769,897.98 | 9.10% |
| MOUNTAIN CITY | 1.000% | $1,112.32 | $839.08 | 32.56% | $8,319.17 | $6,778.55 | 22.72% |
| NEIDERWALD | 1.000% | $2,975.36 | $2,338.85 | 27.21% | $20,186.47 | $17,122.71 | 17.89% |
| SAN MARCOS | 1.500% | $2,059,755.58 | $2,163,570.45 | -4.79% | $15,835,723.05 | $16,439,990.59 | -3.67% |
| UHLAND | 1.500% | $16,114.93 | $12,885.38 | 25.06% | $107,937.94 | $92,812.11 | 16.29% |
| WIMBERLEY | 1.00% | $70,396.83 | $64,545.42 | 9.06% | $515,810.59 | $502,897.94 | 2.56% |
| WOODCREEK | 1.00% | $3,745.68 | $3,676.01 | 1.89% | $27,341.98 | $24,319.55 | 12.42% |
| HAYS COUNTY | 0.500% | $1,416,960.18 | $1,299,357.27 | 9.05% | $9,990,421.71 | $9,734,992.81 | 2.62% |
| RECIPIENT | JUNE 2017 ALLOCATIONS | CHANGE FROM JUNE 2016 | YEAR TO DATE CHANGE |
|---|---|---|---|
| CITIES | $439.8M | +8.0% | +3.2% |
| COUNTIES | $41.3M | +14.0% | +3.5% |
| TRANSIT SYSTEMS | $153.8M | +7.9% | +3.9% |
| SPECIAL PURPOSE TAXING DISTRICTS | $45.1M | +20.1% | +12.1% |
| TOTAL | $679.9M | +9.0% | +3.9% |
The San Marcos City Council received a presentation on the Sidewalk Maintenance and Gap Infill…
The San Marcos River Rollers have skated through obstacles after taking a two-year break during…
San Marcos Corridor News has been reporting on the incredible communities in the Hays County…
Visitors won't be able to swim in the crystal clear waters of the Jacobs Well Natural…
Looking to adopt or foster animals from the local shelter? Here are the San Marcos…
The Lone Star State leads the nation in labor-related accidents and especially workplace deaths and…
This website uses cookies.