Tax rebates still up in Rockdale
Combs sent out $551 million in October local sales tax allocations last week to cities, counties, transit systems and special purpose taxing districts. That is up 9.1 percent compared to the same time in 2011.
Tax rebate check totals for the City of Rockdale and Rockdale Municipal Development District (MDD) remained steady compared to the same time a year ago, while Milam County numbers are down slightly.
Rockdale’s October check was $47,648 compared to $45,223 for October 2011, up 5.3 percent. The city is also up 13.1 percent for the year at $577,933.
Rockdale’s MDD received $22,160 for the month, up 3.7 percent from a year ago. The district’s yearly total now sits at $268,424, up 16.8 percent.
Milam County’s check for October was $74,043, down 5.4 percent from $78,283 a year ago. The county sits at $1,001,563 for the year, up 21.1 percent.
The sales tax figures represent monthly sales made in August.
STATEWIDE—“Continued strength in the manufacturing and oil and natural gas sectors led to the sales tax revenue increase,” Combs said. “Collections were also boosted by improvement in consumer spending at restaurants and retail stores. State sales tax revenue has now increased for 30 straight months.”
Texas cities received $361.9 million in tax allocations, up 7.5 percent compared to October 2011.
Allocations to counties are running 12.8 percent ahead of this point in 2011, with $38.1 million going out to them in October.
Combs also sent $27.3 million to special purpose taxing districts, up 19.2 percent compared to October 2011.