Sales tax rebates down
Rebates for Februar y, which reflect December sales, showed a drop of 12 percent in Rockdale. Year-to-date (YTD) sales show a 16 percent decline.
Rebates for Milam County show a decline of 26 percent for the year and the hospital district’s rebates were down 45 percent, after it went from a full penny to half-a-cent collections last year.
All Milam towns and most area towns, except Buckholts and Caldwell, showed declines in year-todate totals (see chart).
Milam and the three neighboring counties that collect sales tax were down between 2 and 30 percent. (Robertson and Williamson counties do not collect a sales tax.)
Rockdale Municipal Development District, created last year by voters, should see its first rebate check next month. A petition is being circulated in Rockdale that may add more funds for that entity’s efforts.
Rockdale’s numbers were only slightly worse than statewide avarages, as the comptroller reported a 14 percent decrease in January collections.
Rebates were down 7 percent compared to Feb. 2009 rebates.
“Collections continue to be down in major industry sectors like retail trade, oil and natural gas production, construction and manufacturing,” Susan Combs, comptroller, said.