Central Texas Cities, Hays County To Receive $5.1 M For March Sales Tax Revenue

Yesterday, Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $670.9 million in local sales tax allocations for March, 8.3 percent more than in March 2017.

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.

• 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)

• Local & County March 2018 Monthly Totals •

MARCH 2018 TOTAL – LOCAL CENTRAL TEXAS CITIES: $3,697,478.87

MARCH 2018 TOTAL – HAYS COUNTY: $1,459,296.08

MARCH 2018 COMBINED TOTAL: $5,156,774.95

• Central Texas Cities & County 2018 Year To Date Totals •

The 2018 YEAR TO DATE TOTAL – LOCAL CENTRAL TEXAS CITIES: $11,417,219.90

The 2018 YEAR TO DATE TOTAL – HAYS COUNTY: $4,431,171.01

The 2018 YEAR TO DATE COUNTYWIDE COMBINED TOTAL: $15,848,390.91

• 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% $474,513.16 $414,146.24 +14.57% $1,660,205.61 $1,459,454.41 +13.75%
DRIPPING SPRINGS 1.250% $147,325.91 $140,699.42 +4.70% $554,133.37 $491,301.83 +12.78%
HAYS 1.000% $931.50 $834.84 +11.57% $4,909.72 $3,600.17 +36.37%
KYLE 1.500% $547,964.07 $510,619.29 +7.31% $1,950,067.92 $1,793,834.74 +8.70%
MOUNTAIN CITY 1.000% $1,650.70 $889.38 +85.60% $5,557.69 $3,530.75 +57.40%
NEIDERWALD 1.000% $2,490.07 $2,411.83 +3.24% $9,106.74 $8,496.23 +7.18%
SAN MARCOS 1.500% $2,446,454.92 $1,946,495.29 +25.68% $10,712,563.01 $7,369,776.90 +45.35%
UHLAND 1.500% $17,296.94 $15,158.21 +14.10% $52,281.83 $47,852.93 +9.25%
WIMBERLEY 1.00% $55,437.29 $58,867.10 -5.82% $225,616.97 $227,830.30 -0.97%
WOODCREEK 1.00% $3,414.31 $3,503.64 -2.54% $13,656.06 $11,541.64 +18.31%
HAYS COUNTY 0.500% $1,459,296.08  $1,213,918.71 +20.21% $5,794,888.36 $4,431,171.01 30.77%

 

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• MONTHLY SALES TAX REIMBURSEMENTS •zzz

LOCAL SALES TAX ALLOCATIONS (JAN. 2018)

RECIPIENT JAN 2018 ALLOCATIONS CHANGE FROM JAN 2017 YEAR TO DATE CHANGE
CITIES $431.4M +7.6% +6.8%
COUNTIES $41.9M +16.7% +14.5% 
TRANSIT SYSTEMS $150.5M +4.8% +6.0% 
SPECIAL PURPOSE TAXING DISTRICTS $47.0M +20.7% +18.7%
TOTAL $670.9M +8.3% +7.8%

• 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— The 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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