Texas Distributes $650 Million In Monthly Sales Tax Revenue
Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $650 million in local sales tax allocations for October, 5.5 percent more than in October 2015.
These allocations are based on sales made in August by businesses that report tax monthly.
“The cities of San Antonio, Dallas, Fort Worth, Plano and McKinney saw noticeable increases in sales tax allocations,” Hegar said. “The cities of Houston and Midland saw significant decreases in sales tax allocations.”
City | Net Payment This Period | Comparable Payment Prior Year | % Change | Payment YTD | Prior Year Payment YTD | % Change |
Buda | $498,425.20 | $406,095.47 | 22.73% | $4,758,251.55 | $4,312,489.28 | 10.33% |
Dripping Springs | $162,231.05 | $110,570.61 | 46.72% | $1,634,606.74 | $1,450,300.84 | 12.70% |
Hays | $1,412.49 | $1,453.09 | -2.79% | $10,826.77 | $13,506.51 | -19.84% |
Kyle | $491,669.19 | $424,151.88 | 15.91% | $5,434,385.71 | $4,774,863.13 | 13.81% |
Mountain City | $924.52 | $814.67 | 13.48% | $9,749.54 | $7,941.13 | 22.77% |
Niederwald | $2,546.53 | $3,047.47 | -16.43% | $25,150.96 | $21,980.26 | 14.42% |
San Marcos | $2,597,106.35 | $2,304,625.72 | 12.69% | $24,288,444.90 | $21,855,201.47 | 11.13% |
Uhland | $13,637.60 | $15,800.48 | -13.68% | $137,709.74 | $114,610.93 | 20.15% |
Wimberley | $62,375.37 | $55,412.10 | 12.56% | $729,981.44 | $653,084.13 | 11.77% |
Woodcreek | $3,001.70 | $3,054.15 | -1.71% | $35,139.21 | $30,736.36 | 14.32% |
County | Net Payment This Period | Comparable Payment Prior Year | % Change | Payment YTD | Prior Year Payment YTD | % Change |
Hays | $1,473,540.09 | $1,295,645.29 | 13.73% | $14,268,660.74 | $12,734,633.82 | 12.04% |
Total
LOCAL SALES TAX ALLOCATIONS (October 2016) | |||
Recipient | Oct. 2016 Allocations |
Change from Oct. 2015 |
Year-to-Date Change |
Cities | $425.5M | 5.4% | 1.1% |
Counties | $38.1M | 1.6% | 5.5% |
Transit Systems | $145.8M | 5.5% | 1.1% |
Special Purpose Taxing Districts | $40.6M | 9.8% | 1.4% |
Total | $650.0M | 5.5% | 0.7% |