Texas State Comptroller Glenn Hegar released sales tax allocation numbers for April which showed small increases in Brown County cities of Brownwood, Bangs and a significant increase for the City of Blanket. The report shows a decrease for the city of Early.
The growth in allocations for Brownwood and Bangs were 5.01% and 6.10% respectively. Blanket saw a 33.88% increase of more than $1400. Early saw a decrease of 14.68%.
Texas Comptroller Glenn Hegar said that state sales tax revenue in March was $2.12 billion, up 1.5 percent compared to March 2014.
“State sales tax collections have now grown for 60 consecutive months despite weakening in the energy sector. This moderated growth was expected and is currently in line with estimates presented in January,” Hegar said. “Receipts in the construction, services and restaurant sectors remained relatively strong. We will continue to monitor the state’s economic activity and its impact on key revenue sources.”Hegar will send cities, counties, transit systems and special purpose taxing districts their April local sales tax allocations totaling $576.6 million, up 4% compared to April 2014.
The April sales tax allocation figures represent monthly sales made in February.
