Allocations start new year on the rise
Combs sent out $530.8 million in December local sales tax allocations last week to cities, counties, transit systems and special purpose taxing districts. That is up 7.3 percent compared to the same time in 2012.
Tax rebate check totals for the City of Rockdale, Milam County and the Rockdale Municipal Development District (MDD) were up compared to the same time a year ago.
Rockdale’s check this month was $53,842 compared to $52,222 for January 2012, up 3.1 percent.
With the new calendar year starting, those amounts are the same for year-date totals.
Rockdale’s MDD received $25,869 for the month, up 2.1 percent from a year ago’s $25,316.
Milam County’s check was $130,196, up 35.2 percent from $96,276 a year ago.
The only area entity that saw a decrease from 2012 totals from January was the City of Cameron, which was down 4.4 percent from this time a year ago.
The sales tax figures represent November sales reported by monthly tax filers.
STATEWIDE—“Strong sales tax collections continue in most major economic sectors in Texas,” Combs said. “The strongest growth was from business spending driven sectors including oil and natural gas, manufacturing and construction.”
Texas cities received $349.3 million in tax allocations, up 7.0 percent compared to January 2012.
Allocations to counties are running 11.0 percent ahead of this point in 2012, with $36.6 million going out to them in January.
Combs also sent $26.7 million to special purpose taxing districts, up 12.5 percent compared to January 2012.