Polk County Enterprise - Local News
Stories Added - June 2008
Copyright 2008 - Polk County Publishing Company
Sales tax collections up slightly for Polk County
Polk County Enterprise - June 2008
AUSTIN—Cities within Polk County collected nearly 5 percent more sales tax revenue during May than in April, according to Texas Comptroller of Public Accounts Susan Combs. Combs sent the City of Livingston $241,454,.23 in June, about onehalf percent below the May 2007 payment of $240,133.79. Sales tax collections in the City of Livingston have fl attened out in the last few months, but Mayor Clarke Evans says the opening of several new businesses in the coming months will prompt the city’s allotment to grow again. Livingston’s sales tax revenue is down 1.66 percent for the year, compared to the same period last year. Onalaska saw a 33.18 percent gain over May 2007. The comptroller’s offi ce sent $23,643.42 to Onalaska City Hall in June, an increase of $5,891.67 over the May 2007 amount. Year-to-date revenues are up by 19.68 percent for Onalaska. Corrigan’s 33.81 percent increase from May 2007 brought about an increase in the monthly allotment check from $14,147.66 in May 2007 to $18,932.16 in May 2008. Income for Corrigan so far this year is $138,328.41, an increase from $100,846.84 (37.16 percent).
Goodrich received $3,537.28 in May, up 98 percent from $1,786.45 the previous year. Yearto- date sales tax collections for 2008 are $138,328.41, 37 percent above the same period last year ($100,846.84). The City of Seven Oaks continues to feel the economic impact of the City of Livingston becoming a “wet” city. May’s sales tax allotment was $402.88, down from $619.80 in May 2007. Yearto- date payments are down 46.6 percent with $2,470.91 collected so far this year. Combs reported $1.8 billion in sales tax revenue was collected statewide in May, a 4.7 percent increase over May 2007. “For the first nine months of fiscal 2008, state sales tax collections are up 5.8 percent over the same period in fiscal 2007,” Combs said. “While increases are smaller than in 2006 and 2007, growth in state sales tax revenues continues at a healthy rate.” Combs sent cities, counties, transit systems and special purpose taxing districts $459 million in June local sales tax allocations, up 9.3 percent compared to June 2007.
Combs sent June sales tax allocations of $306.3 million to Texas cities, up 8 percent compared to June 2007. So far this calendar year, city sales tax allocations are up 5.4 percent compared to the same time period last year. Texas counties received sales tax payments of $28.4 million, up 13.2 percent compared to last June. So far this year, sales tax allocations to counties are up 6.4 percent compared to 2007. In addition, $17.3 million went to 135 special purpose taxing districts around the state, up 21.3 percent compared to last June. Ten local transit systems received $106.9 million in sales tax allocations, up 10.2 percent compared to a year ago.
State sales tax collections in May and local sales tax allocations in June represent sales that occurred in April and were reported to the Comptroller in May. For details of June 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.