Sales tax up slightly from last year
Published 9:10 am Saturday, December 12, 2015
Sales tax revenue is down slightly across the state from a year ago, while most Orange County cities are showing an increase in figures.
Texas Comptroller Glenn Hegar will send cities, counties, transit systems and special purpose taxing districts $626.3 million in local sales tax allocations for December, 3-percent less than in December 2014. These allocations are based on sales made in October by businesses that report tax monthly.
Hegar also said that sales tax revenue for the state in November was $2.58 billion, down 3.3-percent compared to November 2014.
“Sales tax revenue declined again due to reduced spending in oil and gas-related sectors,” Hegar said. “Remittances from other sectors, including construction, restaurants and retail trade, continued to grow. The net decrease in sales tax receipts is in line with the October Certification Revenue Estimate.”
Pinehurst and Vidor showed a decrease in figures while other cities in the area showed an increase.
Pinehurst dropped 7.10 percent for the month while slightly less than the 7.77 percent at this time last year.
Vidor also saw a decrease of 2.35 percent this month while showing an increase of 5.97 percent compared to 2014 figures.
Orange saw an increase of 18.13 percent for the month placing collections at 10.85 percent above last year.
Bridge City was slightly higher this month at 3.35 percent placing the city at 21.98 percent more than last year.
West Orange had an increase of 6.21 percent resulting in a slight increase of 5.26 percent over 2014 figures.
Pine Forest was up 3.06 percent for the month and 9.82 percent over last years numbers.
Rose City saw the highest increase with 24.38 percent for the month and 26.03 percent over last year.