Tax rebates continue to rise
AUSTIN—Texas Comptroller Susan Combs sent out $632.1 million in August local sales tax allocations last week to cities, counties, transit systems and special purpose taxing districts. That is up 4.2 percent compared to the same time in 2011.
Combs said that state sales tax revenue in July was $2.05 billion, up 10.1 percent compared to July 2011.
Tax rebate check totals for the City of Rockdale and Rockdale Municipal Development District remained steady compared to the same time a year ago. Milam County is down 1.5 percent compared to Aug. 2011.
Rockdale’s August check was $67,942, compared to $65,680 for Aug. 2011, up 3.4 percent. The city is also up 14.7 percent for the year at $482,546.
Rockdale’s Municipal Development District received $31,101 for August, up 10.9 percent from a year ago. The MDD’s yearly total now sits at $223,307, up 19.3 percent.
Milam County’s check for August was $96,212 down 1.5 percent from $97,769 a year ago. The county sits at $832,388 for the year, up 25.3 percent.
The sales tax figures represent monthly sales made in June as well as April, May and June sales by businesses that report tax quarterly.
STATEWIDE—“Business spending in the oil and natural gas industry and other sectors continues to be robust,” Combs said. “State sales tax revenue has now increased for 28 consecutive months.”
Texas cities received $418 million in tax allocations, up 2.7 percent compared to August 2011 and an increase of 7.6 percent for the year.
Allocations to counties are running 7.8 percent ahead of this point in 2011, with $40.6 million going out to them in August. County allocations are up 13.7 for the year.
Combs also sent $31.2 million to special purpose taxing districts, up 14.8 percent compared to Aug. 2011. They are up 22.6 percent for the year.