Atascosa County is still holding strong in sales and use tax. The Texas Comptroller Susan Combs distributed over $816,000 to the cities in our county this period.
This is down 4.41 percent from last year at this time.
Statewide, Combs revealed sales tax revenues totaling $2.34 billion was up 6.3 percent compared to last year.
“The growth in sales tax revenues reflected strength in both business and consumer spending,” Combs said. “The increase was led by remittances from the construction, services, and oil and natural gas-related sectors, as well as from retail trade and restaurants. Fiscal year-to-date, state sales tax collections are now up 5.3 percent.”
While the numbers have been hovering around the almost million dollar mark for the past three years due to the influx of monies collected from the area businesses due to the Eagle Ford Shale oil play, it is hard to remember that back in 2005 the amount was only $287,389 during the same month.
MONTHLY CITY SALES AND USE TAX
Comparison Summary – August 2014
|Atascosa||Net Payment||Comparable||Pmnt. Percent||2014 Payments||2013 Payments||Percent|
|Co. Cities||This Period||Prior||Year Change||To Date||To Date||Change|
August rebate allocations include taxes collected on June sales and reported to the Comptroller in July by businesses filing monthly reports.
Statistics supplied by Comptroller of Public Accounts, State of Texas
Pleasanton Express Graphic