Growth trend continues in local sales tax receipts continues


Local sales tax distributions in Grayson County and Fannin County grew in December. Cities in Grayson County experienced a 6.64 percent increase overall and Fannin County cities a 10.44 percent increase, as sales tax revenue growth for the state remained steady. The statewide sales tax revenue in November was $2.41 billion, up 2.8 percent compared to November 2012.

Grayson County cities experienced an overall increase to $2,050,445.18 from the same period last year. Sales tax revenue has increased 5.45 percent, year to date from last year. Fannin County cities experienced an overall increase to $177,521.29 from the same period last year. There, sales tax revenue has increased 6.58 percent, year to date from last year.

“State sales tax revenue continues to grow at a moderate pace as expected,” State Comptroller Susan Combs said. “Sales tax collections have increased for 44 consecutive months. Revenue from sectors such as wholesale trade, services industries and restaurants contributed to the most recent increase.”

Combs will send cities, counties, transit systems and special purpose taxing districts their December local sales tax allocations totaling $579.6 million, up 5 percent compared to December 2012.

Sherman’s sales tax revenue climbed 11.12 percent to $1,356,550.60. It was the second straight month for a double-digit increase in Sherman. The city’s 2013 payments to date total $16,968,310.69, up 5.14 percent compared to last year. Denison’s sales tax allocation was down by 4.99 percent when compared with the same month last year. The city brought in $404,094.97. Payments to date are up 3.54 percent for the year, to $5,617,332.23.

Bells’ allocation for December is $16,222.98, up 8.61 percent from the same month last year. Collinsville’s is $13,442.98, up 43.65 percent. Dorchester’s is $279.62, up 25.59 percent. Gunter’s is $12,152.37, up 14.15 percent. Howe’s is $21,718.15, up 17.73 percent. Knollwood’s is $4,477.42, down 1.64 percent. Pottsboro’s is $41,434.21, down 5.96 percent. Sadler’s is $855.43, down 24.39 percent. Southmayd’s is $13,613.94, down 5.96 percent. Tioga’s is $6,644.75, up 7.89 percent. Tom Bean’s is $5,695.30, up 21.28 percent. Van Alstyne’s is $62,729.19, down 4.16 percent. Van Alstyne’s sales tax rate has changed within the past 14 months. Whitesboro’s is $69,265.65, up 6 percent. Whitewright’s is $21,267.62, up 24.45 percent.

Bailey’s allocation for December is $305.51, down 22.61 percent from the same month last year. Bonham’s is $118,579.27 up 2.27 percent. Dodd City’s is $545.93, down 11.55 percent. Ector’s is $2,243.59, up 52.15 percent. Honey Grove’s is $19,837.69 up 36.58 percent. Ladonia’s is $1,859.01, down 5.15 percent. Leonard’s is $18,080.63, up 19.74 percent. Ravenna’s is $254, down 31.36 percent. Savoy’s is $5,686.53, up 113.88 percent. Trenton’s is $9,629.16, up 32.46 percent. Trenton’s sales tax rate has changed within the past 14 months. Windom’s is $499.96, up 17.88 percent.

The sales tax figures represent October sales reported by monthly tax filers.

For details of local sales tax allocations in August to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s website at www.window.state.tx.us/taxinfo/allocsum/compsum.html.

Previous months’ reports:

Grayson County sales tax receipts continue to see growth (November)

Grayson County sales tax receipts see growth (October)

Grayson County sales tax receipts flat for the month (September)

Steady climb of local sales tax receipts continues (August)

Local sales tax receipts continue growth (July)

Local sales tax receipts on rise (June)

Local sales tax receipts climb slightly (May)

Local sales tax receipts remain flat (April)

Local sales tax receipts level off (March)

Sales tax receipts in Grayson County continue growth (February)

Sales tax receipts kick off year with increase (January)

Local sales tax receipts back up after decrease last month (December, 2012)

 

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