Area rebates still declining
AUSTIN—Texas Comptroller Susan Combs has announced that state sales revenue in June was $1.72 billion, up 7.2 percent compared to June 2010.
Despite the good news from the state office, area rebates continued a declining trend, included a drop of 11.1 percent for the City of Rockdale compared to the same time last year.
Rockdale’s rebate check for July 2011 was $42,582 this month, compared to $47,951 in July 2010.
The city is down 15.7 percent for the year and has received $354,967 in 2011.
Milam County’s check was $74,353 for July, down 19.8 percent compared to $82,846 for the same time in 2010.
The county’s total for the year, $ 566,281 is down 9.9 percent compared to 2010.
July’s sales tax allocations represent sales that occured in May.
“The state’s sales tax revenue has now increased for 15 months in a row,” said Combs. “Strong business spending boosted sales tax revenue in sectors such as the oil and gas industry and manufacturing, and the retail sector continued to show growth.”
For July 2011, $474.5 million in local sales tax allocations went out to cities, counties, transit systems and special purpose taxing districts. That is a 7.2 percent increase from July 2010 and the same amount of increase from June 2010 to June 2011, according to the Comptroller’s office.
Texas cities received $315.5 million, up 6.2 percent compared to July 2010. So far this calendar year, city sales tax allocations are up 6.3 percent compared to the same time period last year.
Texas counties were sent sales tax payments of $29.7 million, up 10 percent compared to last July. So far this year, sales tax allocations to counties are running 12.4 percent ahead of this point in 2010.
Combs also sent $20.8 million to 177 special purpose taxing districts, up 13.3 percent compared to last July. Ten local transit systems will get $108.3 million in sales tax allocations, up 8.2 percent compared to a year ago.
SALES TAX REBATE AMOUNTS
|Taxing entity||July 2011||Change||YTD 2011||Change|
|Rdl. Dev. Dist||0||-100.0%*||5.68||-99.9%|
|Rdl Dev Dis**||20,395||U/C||159,089||U/C|
* Levy uncollected at this time last year. ** Boundary lines of Municipal District were re-drawn in 2010.