County overall sees loss in sales tax
Published 9:03 am Wednesday, May 18, 2016
By Dawn Burleigh
Dawn.burleigh@orangeleader.com
Orange County has an increase of 2.75-percent in sales tax for the month of March payment compared to the same month last year. The county received $986,874.26 in sales tax compared to $960,387.34 for the same month last year. However, the county has received $4,307,960.42, 4.11-percent less than this time last year. By this time last year, the county received $4,492,888.92 in sales tax.
Texas Comptroller Glenn Hegar disbursed $767.7 million in local sales tax allocations for May, 1.1 percent more than in May 2015. These allocations are based on sales made in March by businesses that report tax monthly, and sales made in January, February and March by quarterly filers.
“The cities of Dallas, San Antonio, El Paso and Fort Worth saw noticeable increases in sales tax allocations,” Hegar said. “Energy-centric cities such as Houston, Odessa and Midland continue to see decreases in sales tax allocations.”
Bridge City has seen the biggest loss of 22.21-percent less compared to this time last year. Sales tax disbursed at for the month was 4.66-percent less than the same month last year.
Pinehurst saw an over all higher collection by this time last year of 3.79-percent higher while collecting 7.28-percent less during the same month a year ago.
The city Orange collected $324,254.32 last year compared to $379,728.33 this year for the same month, 17.1-percent more in sales tax. The city collected $1,697,992.84 is sales tax by this time last year compared to $1,602,959.68, a 5.59-percent less than the previous year by this time.
While West Orange saw 2.47 percent less for the same month last year, the city has received 1.9 percent more than by the same time last year.
Pine Forest continues to increase the amount of sales tax revenue.
Pine Forest saw the largest gain with 35.46 percent more for the same month as last year and a 10.20 percent overall increase overall for this time frame as last year.