The state comptroller’s office reports that sales tax receipts continued to show positive numbers in Brownwood as February’s sale tax allocation are released.
The city of Brownwood will receive $612,855.22 for February’s allocation rising 2.92% over the February 2010 allocation. This gives Brownwood a jump of about 6.5% so far on the year over the first two months last year.
The City of Early however saw a big drop in their tax allocation this month dipping over 11% in February over the same month last year.
Statewide, State Comptroller Susan Combs will send $440.3 million in sales tax to Texas cities, up 5.4 percent compared to February 2010 payments. Texas counties will receive February sales tax payments of $39.7 million, up 13.1 percent compared to last February.
“Sales tax revenues have now improved for the last ten months, reflecting increased activity in almost all major economic sectors,” Combs said. “The strongest growth was from sectors fueled by business spending, such as oil and gas activity. Tax collections from retail trade were also up.”
February sales tax allocations represent sales that occurred in December.
See the chart below for full sales tax numbers for Brown County cities.
| Net Payment This Period |
Comparable Payment Prior Year |
% Change | 2011 Payments To Date |
2010 Payments To Date |
% Change | ||
|---|---|---|---|---|---|---|---|
| Bangs | 13,005.76 | 13,291.76 | -2.15% | 20,342.11 | 20,882.98 | -2.59% | |
| Blanket | 1,923.69 | 1,717.03 | 12.03% | 2,816.95 | 2,582.59 | 9.07% | |
| Brownwood | 612,855.22 | 595,459.71 | 2.92% | 1,035,026.49 | 971,817.97 | 6.50% | |
| Early | 119,690.97 | 135,377.95 | -11.58% | 191,485.06 | 209,322.88 | -8.52% |
