|Trinity Standard - Local News
Stories Added - October 2010
Copyright 2010 - Polk County Publishing Company
Sales tax income down by $200,000
Trinity Standard -
TRINITY – When its 2010 budget year ended on Sept. 30, the City of Trinity’s sales tax income fell short of 2009 levels by almost $200,000. According to figures issued by Texas Comptroller Susan Combs, under its fiscal 2010 budget, which began Oct. 1, 2009, Trinity collected $830,256.49 from the local 2 percent sales tax. This was down by $199,857.11 or 19.4 percent, from the $1,030,113.60 collected under its 2009 budget. The FY2009 figure was the first to top the $1 million mark in the city’s history. In the 2008 fiscal year, the city received $978,155.92 from the tax while in FY2007 the total reached $871,030.25. While the latest FY2010 number were less than in each of those prior years, it did top the 2006 total of $736,171.88. Since the 2010-budget year began, nine of the 12 monthly sales tax payments were below the amounts paid during the previous year. One of the “up” months came in September, when the city received $41,945.50 from the two percent sales tax. That figure was up by $683.30 or 1.7 percent from the $41,262.20 received in September 2009, according to the comptroller. Combs’ office collects the local sales tax along with the state sales tax and sends the city a check for its share each month. The September check represents taxes collected by local merchants in July. Under state law, one quarter of the Trinity’s 2 percent sales tax revenue -- $10,486.38 in September -- is earmarked for economic development and is paid to the Trinity Economic and Industrial Development Corporation (TEIDC). The remaining 75 percent -- or $31,459,12 in September -- goes into the City of Trinity’s general fund to support the operation of city services. So far this calendar year, the tax has generated $634,583.88, which is down by $170,282.92 or 21.2 percent from the first nine months of 2009. The city’s share was $475,937.91, which is down by $127,712.19 or 21.2 percent from the same period of 2009. Under the FY2010 budget, the city’s share was $622,692.37, which was down by $149,892.83 from the FY2009 income. Since Jan. 1, the tax has generated $158,645.97 for TEIDC, which is down by $42,570.73 from the same period last year. During the FY2010 budget period, TEIDC received $207,564.12 from the tax, which was down by $49,964.28 from the pervious budget year. In her report, Combs said the state received $1.77 billion in sales tax revenue, which represented a 0.8 percent increase from one year ago. “Monthly sales tax collections continue to slightly exceed year-ago levels,” Combs said. “While some major sectors including oil and gas and manufacturing were up, other sectors including construction and retail trade dropped from the previous year. “For fiscal 2010, which began Sept. 1, 2009, collections declined through the first seven months of th year, often by double digit percentages, but the modest increases during the last five months resulted in an overall decline of 6.6 percent for the fiscal year. Overall, state sales tax collection appear to have stabilized, but solid growth has not yet resumed,” she added. Combs sent September sales tax allocations of $298 million to Texas cities, which was up by 2.7 percent from September 2009. Texas counties received $26.9 million in September rebate checks, up by 4.2 percent compared to one year ago. Trinity County is among the counties that do not currently collect a sales tax. In addition to Trinity, one other Trinity County city collects a sales tax. Groveton, which also assesses a 2 percent tax, received a September check for $9,201.60. This total is up by $505.40 -- or 5.8 percent -- from the $8,696.62 received in September 2009. Since Jan. 1, Groveton has received $108,002.32 from the tax, a total that is down by $15,161.88 or 12.3 percent from last year. In the latest report, Houston received the state’s largest check for $36.2 million, which was 40 by 1.4 percent from the $35.7 million delivered one year ago. San Antonio’s sales tax allocation was $16.6 million, which was up by 6.2 percent from the $15.7 million received one year ago. The $15.1 million issued to Dallas in September reflects an 0.7 percent increase from the $15 million received one year earlier. The Austin sales tax allocation for September was $10.6 million, which was up by 8.4 percent from the $9.8 million received one year earlier. Other East Texas cities that received September rebates: • Huntsville received a payment of $424,045.30, which was down by 1.2 percent from September 2009. Since Jan. 1, the city has received over $4.5 million from the tax, which is down by 6.9 percent from the same period last year. • Riverside received a payment of $10,436.57, which was down by 10.6 percent from the September 2009 payment of $11,673.77. Since Jan. 1, the city has received $94,619.88, which is down by almost 9.6 percent from the $104,611.94 received during the same period last year. • Crockett received a payment of $102,543, which was up by 28.3 percent from the $79,914.86 received one year ago. Since Jan. 1, the city has collected just over $1 million, which is down by 5.3 percent from the $1.06 million collected during the same period last year. • Lovelady received a payment of $2,363.36, which was up by 7.4 percent from the September 2009 payment of $2,199.59. Since Jan. 1, the city has received $20,679.28, which is down 36.5 percent from the $32,553.22 collected during the same period last year. • Onalaska received a payment of $34,639.51, which was up by 19.5 percent from the $28,982.21 collected one year ago. Since Jan. 1, the city has received $297,192.70, which is down by 6.2 percent from the $316,953.72 received during the first nine months of 2009. • Livingston received a payment of $225,556.86, which was up by 3.1 percent from the $218,813.41 collected one year ago. Since Jan. 1, the city has received over $2.2 million, which is down by 10.6 percent from the almost $2.5 million collected during the same period last year. • Coldspring received a payment of $17,553.07, which was up by 45.5 percent from the September 2009 payment of $12,051.51. Since Jan. 1, the city has received $187,325.43, which is up by 32.1 percent from the $141,817 received during the same period last year.