|Polk County Enterprise - Local News
Stories Added - May 2010
Copyright 2010 - Polk County Publishing Company
Sales tax down 10% for Livingston in May, leveling out for rest of county
Polk County Enterprise
AUSTIN — Texas Comptroller Susan Combs announced the state collected $1.68 billion in sales tax revenue in April, up 1.4 percent compared to April 2009. “This modest increase is welcome after 14 consecutive months of yearover- year declines,” Combs said. Those declines are continuing for the Livingston and Corrigan, according to Combs April report, but are leveling off in Polk County’s other three cities. The comptroller’s office sent $270,735.15 to Livingston last week, 10.07 percent less than April 2009’s allocation of $301,057.44 . Corrigan received $27,422.19, down 6.76 percent from the $29,413.34 distributed in April 2009. Goodrich’s revenue was only slightly down for the month with $2,162.67 in local sales tax revenue. In April 2009, Goodrich received $2,180.40, a difference of 0.81 percent. Revenues for Onalaska were up in April with an allocation of $45,481.45, compared to $44,158.58, for the same period last year, a 2.99 percent difference. Seven Oaks’ revenue also posted a slight gain with $138.76 this month. That’s up from $136.49 last year. For the year-to-date, Seven Oaks has taken the largest hit, percentagewise. Seven Oaks’ annual revenue is down 40.28 percent, compared to 52.86 percent for Goodrich; 16.41 percent for Corrigan; 16.16 percent for Livingston and 7.26 percent in Onalaska. “Retail trade saw a nearly 5 percent increase in collections, and gains also occurred in the manufacturing sector. Offsetting this were remittances from the oil and natural gas production sector and construction, which continued to decline, but at rates moderating substantially from those seen earlier this fiscal year. April may signal the beginning of a recovery in sales tax collections, although further declines may occur as the sales tax gradually returns to growth.” Combs distributed $567 million in May sales tax allocations to local governments Friday, up 4.7 percent compared to May 2009. So far this calendar year, sales tax allocations to cities, counties, transit systems and special purpose taxing districts are down 4.8 percent compared to a year ago. Combs will send May sales tax allocations of $385.2 million to Texas cities, up 5 percent compared to May 2009. Calendar year-to-date, city sales tax allocations remain down 4.4 percent compared to the same period last year.