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Polk County Enterprise - Local News
Stories Added - November 2010
Copyright 2010 - Polk County Publishing Company

 

Livingston, Polk County see increase in sales tax

 

AUSTIN — Texas Comptroller Susan Combs says state sales tax revenue in October was $1.62 billion, up 6.6 percent compared to October 2009. Livingston’s growth of sales tax collected inside the city for the month outpaced statewide growth with an increase of 7.21 percent, while Onalaska revenue fell by a 7.74 percent. Combs sent $257,292.71 to the City of Livingston, up from $239,968.94 from October 2009. So far in 2010, Livingston has received $2,702,157.90 in sales tax revenue, down $7.76 from the $2,929,798.63 collected in 2009. Seven Oaks saw a very slight bump in revenue with $149.33 disbursed to the city for October, up $2.02 (1.37 percent.) Year-to-date collections are down 19.27 percent. Seven Oaks has collected $1,562.92 in 2010; down from $1,936.19 for the same period last year. Corrigan will post $29,762.21 in October sales tax revenue, up 0.18 percent from $29,706 last year. Corrigan’s year-to-date collections are down 9.08 percent at $235,883.10. During the same period in 2009 Corrigan received $259,455.10. Onalaska revenues dropped 7.74 percent with $47,855.64 to be disbursed from Austin Monday. In November 2009, Onalaska received $51,875.79. So far this year, Onalaska has collected $374,637.57 in sales tax revenue, down from $390,838.66 for the same 11- month period, a decline of 4.4 percent. Goodrich is suffering the biggest jolt to the budget with another 29.95 percent drop this month. Combs will transfer $1,719.61 to Goodrich coffers Monday, down from $2,455.07 in November 2009. For the year, revenue is down 40.95 percent in Goodrich with $20,337.03 compared to $34,444.74 in 2009. Polk County will see $129,946.22 from sales tax in unincorporated areas of the county, an increase of 2 percent over the $127,387.53 brought in for November 2009. The county has collected $127,387.53 during 2010, down 8.28 percent from 2009’s 11-month total of $1,487,684.42. “Total sales tax collections have now exceeded year ago amounts for a seventh consecutive month,” said Combs. “Once again growth was posted in major sectors like the oil and gas industry, retail trade and construction. We will need to keep monitoring revenue from these and other sectors to see if tax collections maintain an upward trend.” Combs will distribute $541.4 million in November sales tax rebates to cities, counties, transit systems and special purpose taxing districts. Local sales tax allocations are up 8.1 percent compared to a year ago. Combs will send Texas cities $367.2 million in sales tax allocations, up 7.2 percent compared to November 2009. So far this calendar year, city sales tax allocations are down 0.2 percent compared to the same time period last year. Texas counties will receive November sales tax allocations of $32.2 million, up 14.2 percent compared to one year ago. For the calendar year-todate, county sales tax allocations are running 2.2 percent below 2009 revenues. The 169 special purpose taxing districts around the state are getting $22.9 million in sales tax, up 18.2 percent compared to last November. November sales tax allocations to local governments represent September sales reported to the Comptroller in October by monthly tax filers and July, August and September sales reported to the Comptroller in October by quarterly tax filers. For details of sales tax payments to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales and Use Tax Allocation Comparison Summary Reports on the Comptroller’s website at www.window.state.tx.us/taxinfo/ allocsum/compsum.html. Due to the Veterans Day holiday, local governments will receive their November sales tax allocations on Monday, Nov. 15.

 

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