Tax rebates still on decline for Rockdale
AUSTIN—Texas Comptroller Susan Combs announced last week that the state sales tax revenue in February was $1.75 billion, up 9.7 percent compared to February 2010.
The City of Rockdale and Milam County are down in rebate money compared to the amounts received in March 2010. Other cities in the county were up in amounts received compared to a year ago.
Rockdale’s rebate check for March 2011 was down almost 19.5 percent compared to their check in the same time last year. Rockdale received $40,329 this month, while the check for March 2010 was 50,075.
The city is down just over 11 percent for the year.
Milam County’s check was $69,370 for March, down 16.5 percent compared to the same time in 2010. The county’s check was $ 83,111 in March 2010.
State sales tax revenue for February and March payments made to local governments represent sales that occurred in January.
STATEWIDE–“This is the eleventh straight month that sales tax revenue has increased,” Combs said. “Much like in recent months, there were increases across all major sectors including oil and gas activity, manufacturing and retail trade. We will continue to monitor current economic conditions and gauge the effects on consumer and business spending.”
Combs sent out $433.1 million in March sales tax payments to Texas cities, counties, transit systems and special purpose taxing districts. Local sales tax allocations are up 7.1 percent compared to March 2010. Thus far this calendar year, local allocations are up 7.9 percent compared to the first three months of 2010.
SALES TAX REBATE AMOUNTS
|Taxing entity||Feb. 2011||Change||YTD 2011||Change|
|Rdl. Dev. Dist||0||-100.0%*||5.46||-99.9%|
|Rdl Dev Dis**||18,928||U/C||71,513||U/C|
* Levy uncollected at this time last year. ** Boundary lines of Municipal District were re-drawn in 2010.