Rockdale tax rebates down for the year
Texas Comptroller Susan Combs announced last week that November state sales tax revenue totaled $1.84 billion, up 8.7 percent compared to November 2009. However, those increases are not showing so well within the local economy.
The City of Rockdale’s rebate check for December 2010 was down 16.5 compared to their check in December 2009. Rockdale received 42,014 this month.
The city is also down 7.1 percent for the year, having received $691,256 for 2010, compared to 743,771 in 2009. There had been a steady increase in rebates per year for Rockdale since 1999, but the last two years has seen that starting to slide downward.
C ameron, Thor nd a le a nd Milano show decreases for the year.
Buckholts is the only city in the county to show an increase in rebates during 2010, as they are up 16.9 percent for the year.
Milam County’s check was $76,148 for December, down 4.5 percent compared to the same time in 2009. For the year, the county is down 16.8 percent, receiving $1,018,302 in 2010, compared to $1,224,531 for the year in 2009.
November state sales tax collections and December sales tax allocations to local governments represent sales that occurred in October.
STAT EWIDE–“ Sales ta x revenue has now grown for eight consecutive months compared to year ago levels, with recent gains above the five percent mark,” Combs said. “November’s monthly gain showed growth in a range of sectors like manufacturing, the oil and natural gas industry, retail trade and restaurants.”
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