Rockdale rebates continue to stay ahead
AUSTIN—Texas Comptroller Susan Combs sent out $633 million in May local sales tax allocations last week to cities, counties, transit systems and special purpose tasking districts. That is up 5.5 percent compared to a year ago.
Combs said that state sales tax revenue in April was $2.07 billion, up 10.9 percent compared to April 2011.
Tax rebate check totals for Rockdale, the Rockdale Municipal Development District and Milam County are double figures better compared to this time a year ago.
Rockdale’s rebate check for May 2012 was $73,179, compared to $66,407 for May 2011, up 10.1 percent. The city is also up 11.7 percent for the year at $299,119.
Rockdale’s Municipal Development District received $30,594 for May, up 12.7 percent from a year ago. The MDD’s yearly total now sits at $137,099, up 16.8 percent.
Milam County’s check for May was $106,786, up 19.6 percent from $89,271 a year ago. The county sits at $502,404 for the year, up 20.7 percent.
The sales tax figures represent monthly sales that occurred in March, as well as in January, February and March by businesses that report tax quarterly.
STAT EWIDE—“Sa les ta x revenue has now increased for 25 consecutive months. Recent strentgth in sales tax collections continued in both business and consumer spending categories,” Combs said. “Growth was led by the oil and natural gas-related sectors, while significant gains also came from retail trade and restaurants.”
Texas cities received $421 million, up 4.4 percent compared to May 2011 and an increase of 8.0 for the year.
Sales tax allocations to counties are running 9.5 percent ahead of this point in 2011, with $41 million going out to them in May. Counties allocations are up 14.1 for the year.
Combs also sent $30.2 million to special purpose taxing districts, up 18 percent compared to May a year ago. They are up 23.1 percent for the year.
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