Rockdale sales allocations in the positive
Combs sent out $668.5 million in May local sales tax allocations last week to cities, counties, transit systems and special purpose taxing districts. That is up 5.6 percent compared to the same time in 2012.
The tax rebate checks for the City of Rockdale, Milam County and the Rockdale Municipal Development District (MDD) were up for May and the year, compared to the same time in 2012.
Rockdale’s check this month was $80,924 compared to $73,179 for May 2012, up 10.58 percent. However, totals are barely what they were for the year at 0.39 percent more, with $300,293 received this year compared to $299,119 at this point last year.
The MDD received $36,187 for the month, up 18.27 percent from last year’s $30,594. Totals are also up 1.07 percent for the year. The district has received $138,574 thus far in 2013, compared to $137,099 at this point in 2012.
Milam County’s check was $169,685, up 58.90 percent from $106,786 a year ago. Totals are also up 44.69 percent for the year at $726,967, compared to $502,404 at this point in 2012.
Sales tax figures represent monthly sales made in March as well as January, February and March sales by businesses that report tax quarterly.
STATEWIDE—“ Sales tax collections were up in a range of sectors from constructions and manufacturing to restaurants,” Combs said. “As expected, the rate of growth in state sales tax revenue is moderating compared to double-digit growth rates we recently experienced.”
Texas cities received $441.8 million in tax allocations, up 4.9 percent compared to May 2012.