Orange County, City show increase in sales tax
Published 2:33 pm Saturday, January 16, 2016
Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $617.2 million in local sales tax allocations for January, 0.1 percent less than in January 2015. These allocations are based on sales made in November by businesses that report tax monthly.
Hegar also said that sales tax revenue for the state in December was $2.33 billion, down 1.1 percent compared to December 2014.
“As with the previous two months, December sales tax revenue was down largely due to spending reductions in oil and gas-related sectors,” Hegar said. “This was expected, given ongoing weakness in oil and natural gas prices. Remittances from other sectors, such as construction and information, continued to grow.”
Orange County saw a 0.61-percent increase compared to 2015 payments.
While the City of Pinehurst showed the largest increase in sales tax revenue with 14.90-percent, Rose City saw the largest loss with -14.38-percent less than the previous year.
Vidor and West Orange also showed a loss in sales tax revenue in comparison with the prior year. Vidor received 4.79-percent less while West Orange had a 0.22-percent decrease in sales tax revenue.
The city of Orange shows a 0.79 percent increase in sales tax revenue compared to January 2015.