April’s Sales Tax Breakdown For Hays County, Surrounding Central Texas Cities

Yesterday, Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $651 million in local sales tax allocations for April, 5 percent more than April 2017.

This months 651 million is a  decrease of $19.9 million or 3 percent less than last month (March 2018)

These allocations are based on sales made in January by businesses that report tax monthly.

The state’s comptroller’s office runs sales tax allocations on a January – December year. Below you will find the individual Central Texas Cities and Hays County amounts to be received.

 

 

Local & County April 2018 Monthly Totals

APRIL 2018 TOTAL – LOCAL CENTRAL TEXAS CITIES: $3,507,362.14

MARCH 2018 (prior month) TOTAL – LOCAL CENTRAL TEXAS CITIES: $3,697,478.87

APRIL 2018 TOTAL – HAYS COUNTY: $1,379,190.40 

MARCH 2018 (prior month) TOTAL – LOCAL CENTRAL TEXAS CITIES: $1,459,296.08

APRIL 2018 COMBINED TOTAL: $4,886,552.54

MARCH 2018 (prior month) COMBINED TOTAL: $ $5,156,774.95

Central Texas Cities & County 2018 Year To Date Totals

2018 YEAR TO DATE TOTAL – LOCAL CENTRAL TEXAS CITIES: $18,695,461.06

2018 YEAR TO DATE TOTAL – HAYS COUNTY: $7,174,078.76 

2018 YEAR TO DATE COUNTYWIDE COMBINED TOTAL: $25,869,539.82

Monthly Breakdown

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MONTHLY SALES TAX REIMBURSEMENTS

CITY RATE NET PAYMENT THIS PERIOD COMPARABLE PAYMENT PRIOR YEAR % CHANGE PAYMENT YTD PRIOR YEAR PAYMENT YTD % CHANGE
BUDA 1.500% $475,299.89 $474,378.14 0.19% $2,135,505.50 $1,933,832.55 10.42%
DRIPPING SPRINGS 1.250% $150,357.23 $141,918.75 5.94% $704,490.60 $633,220.58 11.25%
HAYS 1.000% $938.01 $1,254.91 -25.25% $5,847.73 $4,855.08 20.44%
KYLE 1.500% $519,728.54 $490,365.25 5.98% $2,469,796.46 $2,284,199.99 8.12%
MOUNTAIN CITY 1.000% $1,424.59 $816.87 74.39% $6,982.28 $4,347.62 60.60%
NIEDERWALD 1.000% $2,379.56 $2,381.40 -0.07% $11,486.30 $10,877.63 5.59%
SAN MARCOS 1.500% $2,281,831.68 $1,963,640.61 16.20% $12,994,394.69 $9,333,417.51 39.22%
UHLAND 1.500% $14,510.84 $14,296.31 1.50% $66,792.67 $62,149.24 7.47%
WIMBERLEY 1.00% $57,713.89 $59,325.95 -2.71% $283,330.86 $287,156.25 -1.33%
WOODCREEK 1.00% $3,177.91 $3,302.49 -3.77% $16,833.97 $14,844.13 13.40%
HAYS COUNTY 0.500% $1,379,190.40 $1,245,743.76 10.71% $7,174,078.76 $5,676,914.77 26.37%

• Interesting Stats & Facts •

  • The City of San Marcos’ total outstanding debt as of August 31, 2016: $389,029,050 Million (does not include September 1, 2016 – March 8, 2018. Read more HERE);

 

  • City of San Marcos Property Tax Rate: Rate .6139 cents per $100 of property valuation (This was as of San Marcos’ Oct. 1 2018 budget. Read more HERE);

 

  • City of Austin Property Tax Rate: Rate .4448 cents per $100 of property valuation (This was as of Austin’s Oct. 1, 2018 Budget. Read more HERE)

Where does your local sales tax dollars go in San Marcos? 

According to the San Marcos’ 2018 Final/Approved budget, the city collects one and one-half cents on every dollar spent on taxable goods and services within the City limits.

The State of Texas allows home rule cities like San Marcos to adopt a one-cent sales tax to support general governmental services.

Local voters authorized another half-cent in 1987 dedicated solely to the reduction of property taxes. The one and one half cents collected by the City represents the maximum they may adopt.

The half-cent sales tax alone is expected to generate $10,667,350 in the next fiscal year, a sum that is equivalent to 23.62 cents on the property tax rate.

Without the half-cent sales tax dedicated to property tax reduction, the city’s ad valorem tax rate would have to be 23.30 cents more, or 84.69 cents per $100 of assessed value, to support the programs and services provided to San Marcos residents.

• DEBT •
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• MONTHLY SALES TAX REIMBURSEMENTS •zzz

LOCAL SALES TAX ALLOCATIONS (April 2018)

RECIPIENT APRIL 2018 ALLOCATIONS CHANGE FROM APRIL 2017 YEAR TO DATE CHANGE
CITIES $419.4M +5.4%  +6.5%
COUNTIES $41.0M +11.4% +13.7% 
TRANSIT SYSTEMS $145.0M +0.6% +4.8% 
SPECIAL PURPOSE TAXING DISTRICTS $45.6M +10.1% +16.7%
TOTAL $651.0M +5.0% +7.2%

Review Sales Tax Reimbursement Reports – Last 12 Months

 

Definitions

  • Net Payment This Period— The actual payment amount sent to the entity.
  • Comparable Payment Prior Year— The actual payment amount sent to the entity in the same month or quarter last year.
  • Percentage Change—  percentThe percentage change in the actual payment amount sent this month compared with the payment amount sent in the same month last year.
  • Payment YTD— The total amount of payments sent during the current calendar year to date.
  • Prior Year Payments to Date— The total amount of payments sent during the same period for the previous calendar year to date.
  • Prior-Year Payment YTD— The total amount of payments sent during the same period of the previous calendar year to date.
  • Percentage Change — The percentage change in the total amount of payments sent during the current calendar year to date compared with the amount of payments sent during the same period for the previous calendar year to date.

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