|Polk County Enterprise - Local News
Stories Added - January 2009
Copyright 2008 - Polk County Publishing Company
Holiday shopping triggers jump in sales tax revenue
Polk County Enterprise - January 2009
LIVINGSTON – Sales tax revenues for Polk County took a big leap in November 2008 despite the economic woes reported across the nation. The county saw a 38.25 percent increase in sales tax revenue collected in December for sales in November – $372,580 in December 2008 versus $269,498 for the same period in 2007. The cities of Goodrich and Onalaska saw the largest increases in sales tax income in December, with percentage increases of more than 100 percent. The City of Onalaska received revenues of $41,280 which is a 121 percent increase over the same period last year when the income was $18,629. The City of Goodrich received $5,971, which may not seem like much but is 145 percent more than received in December 2007. The City of Livingston received the largest dollar amount of sales tax revenues with a net payment of $302,722, for a 30 percent increase over December 2007 when the city received $231,323. The City of Corrigan saw a 34 percent increase in its revenues, receiving $22,466 in December 2008. The City of Seven Oaks was the only city with a loss. City coffers received only $140.34 for December, a 66.47 percent decrease over the same period in 2007. The state of Texas collected $1.86 billion in sales tax revenue in December, up 2 percent compared to December 2007. “State sales tax collections have grown 3.9 percent for the fi rst four months of state fi scal year 2009,” State Comptroller Susan Combs said. “Growth in overall collections has slowed compared to recent years, while remittances from key sectors such as construction and retail trade have declined.” Combs sent cities, counties, transit systems and special purpose taxing districts their first sales tax allocations of 2009 — $459.2 million, up 2.4 percent compared to January 2008. Combs sent January sales tax allocations of $309.9 million to Texas cities, up 2.2 percent compared to January 2008. Texas counties received sales tax payments of $29 million, up 8.2 percent compared to last January. In addition, $18.3 million went to 148 special purpose taxing districts around the state, up 23.5 percent compared to last January. Ten local transit systems received $101.9 million in sales tax allocations, down 1.4 percent compared to a year ago. December state sales tax collections and January allocations to local governments represent sales that occurred in November. For details of January sales tax payments to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s Web site at www.window.state.tx.us/taxinfo/ allocsum/compsum.html.