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Stories Added - March 2010
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Sales tax rebates down
San Jacinto News- Times

AUSTIN – Sales tax collections for San Jacinto County continue to drop with February payments down countywide by 18.90 percent. Texas Comptroller Susan Combs said Wednesday the state collected $1.60 billion in sales tax revenue in February, down 8.8 percent compared to February 2009. “After eight straight months of double digit declines, sales tax losses have begun to moderate,” Combs said. “Sales tax revenue continues to be down in major sectors such as retail, oil and gas production and construction. However, there was a slight uptick in the manufacturing sector. We will keep monitoring the revenue, and as we have recently noted we expect further declines in the near term before a return to sales tax revenue growth later this year.” On Friday, Combs will deliver $404.4 million in March sales tax payments to Texas cities, counties, transit systems and special purpose taxing districts. Local sales tax allocations are down 6.7 percent compared to March 2009. So far this calendar year, local sales tax allocations are down 8.4 percent compared to the fi rst three months of 2009. State sales tax revenue for February and March payments made to local governments represent sales that occurred in January. San Jacinto County will receive $21,615.25 as its share of the tax rebates, down from $26,655.64 that it received during the same period in 2009. The county collects a one-half cent sales tax. The City of Point Blank will receive $688.64 this period compared to $1,139.11 during the same period in 2009, a 39.54 percent decrease. The City of Point Blank collects a 1 percent sales tax. The City of Shepherd will receive $12,251 as its share of the tax rebates, down from $17,560.37 during the same period in 2009, a 30.23 percent decrease. The City of Shepherd collects a 1.5 percent sales tax. The City of Coldspring started collecting an additional onehalf cent sales tax in October of 2009, leading to it being the only city in the county showing an increase in sales tax collections. Coldspring received $15,218.14 this period compared to $13,259.28 during the same period in 2009, a 14.77 percent increase. It currently collects a 1.5 percent sales tax, up from 1 percent. Combs will send March sales tax payments of $271.3 million to Texas cities, down 6.8 percent compared to March 2009. Texas counties will receive sales tax payments of $24.4 million, down 11.2 percent compared to one year ago. The 166 special purpose taxing districts around the state will get $15.8 million in sales tax revenue, down 8.4 percent compared to last March. Ten local transit systems will receive $92.7 million, down 4.7 percent.

 

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