Texas State Comptroller Susan Combs released July sales tax allocation numbers this week reflecting May sales with increases for both Brownwood and Early.
The City of Brownwood was up nearly 2.5% in sales tax for the month compared to July of last year. Early was up almost 5% as compared to the same month last year. Blanket saw a drop of 33.99% from the same period in 2013 and Bangs was also down by 8.74.
Combs will send cities, counties, transit systems and special purpose taxing districts their July local sales tax allocations totaling $602.5 million, up 4.2 percent compared to July 2013.
“Sales tax revenues continue to grow at a moderate pace,” Combs said. “The increase was led by remittances from the wholesale trade, services, and restaurant sectors. Fiscal year-to-date collections have now grown by 5.2 percent.”See the tax allocation breakdown for Brown County cities below.
| City | Net Payment This Period |
Comparable Payment Prior Year |
% Change | 2014 Payments To Date |
2013 Payments To Date |
% Change |
|---|---|---|---|---|---|---|
| Bangs | 8,535.20 | 9,352.78 | -8.74% | 75,316.09 | 71,806.33 | 4.88% |
| Blanket | 1,432.45 | 2,170.32 | -33.99% | 12,843.94 | 13,312.76 | -3.52% |
| Brownwood | 494,718.93 | 482,788.92 | 2.47% | 3,726,467.97 | 3,516,431.87 | 5.97% |
| Early | 84,720.84 | 80,779.14 | 4.87% | 660,693.67 | 595,655.52 | 10.91% |
