Atascosa County sales and use tax allocation rises
The county of Atascosa’s June sales tax allocation improved 32.72% year-to-year from $274,169 in 2016 to $363,935 in 2017. County Judge Bob Hurley said he is cautiously optimistic about this financial increase.
“I cannot over emphasize enough how encouraged I am to see the county sales tax receipts going up. It has been a difficult year and a half,” said Hurley. “There is not doubt the improvements are based directly on the price of oil. So, I will be very cautious in counting on a recovery until I see it continuing well into next year. Having said that I say sales tax receipts are up. Yea!”
According to Hurley the county budgeted $9 million for 2016 and collected a little under $4 million. For 2017, Hurley said he believes the budget is set at $4 million. Payments for Atascosa County for June 2017 are $2,254,524 as compared to June 2016’s total payment to date of $2,103,050.
This month’s check for the city of Pleasanton totals $363,935, a 13.04% increase over the $306,416 disbursement the city received in June 2016.
Charlotte reaped the largest percentage increase – 55% - from $12,801 to $19,908.
Jourdanton saw the largest decrease year-to-year in the county. The city was down nearly 30% with a total June 2017 check of $62,528 as compared to June 2016 of $89,231. Poteet fell nearly 11% from $30,822 in 2016 to $27,454 this year.
Rebates from sales tax allocations are used primarily to help fund maintenance and operational expenses for cities and other local jurisdictions.
Texas Comptroller Glenn Hegar sent cities, counties, transit systems and special purpose taxing districts $640 million in local sales tax allocations for June, 3.6 percent more than in June 2016. These allocations are based on sales made in April by businesses that report tax monthly.
“The cities of Round Rock, Frisco, San Antonio, Midland and Odessa saw noticeable increases in sales tax allocations,” Hegar said. “The cities of Houston and Austin saw small decreases.”