Texas State Comptroller Glenn Hegar released sales tax allocation numbers for June which showed small increases in Brown County cities of Early and Bangs, along with a larger increase for the City of Blanket. The report shows a very slight decrease for the city of Brownwood.
The growth in allocations for Early and Bangs were 6.3% and 9.14% respectively over the same month last year. Blanket saw a 135.68% increase of more than $1430. Brownwood saw a decrease of 5.10%.
Texas Comptroller Glenn Hegar said today that state sales tax revenue in May was $2.6 billion, up 5.2 percent compared to May 2014.
“This marks the 62nd consecutive month of growth in sales tax collections,” Hegar said. “Sales tax revenue growth was relatively strong, spurred by consumer spending at retail stores and restaurants. Remittances from the construction, wholesale trade and services sectors were also up significantly. Collections from the oil and gas mining sector declined, as was expected, due to the slowdown in drilling.”
Hegar will send cities, counties, transit systems and special purpose taxing districts their June local sales tax allocations totaling $629.2 million, up 5.9 percent compared to June 2014.The June sales tax allocation figures represent monthly sales made in April.
| Net Payment This Period |
Comparable |
% Change |
2015 Payments To Date |
2014 Payments To Date |
% Change |
|
| Bangs | 11,248.42 | 10,306.39 | 9.14% | 73,176.50 | 66,780.89 | 9.57% |
|---|---|---|---|---|---|---|
| Blanket | 2,484.44 | 1,054.13 | 135.68% | 13,889.82 | 11,411.49 | 21.71% |
| Brownwood | 522,674.16 | 550,819.22 | -5.10% | 3,410,759.09 | 3,231,749.04 | 5.53% |
| Early | 95,011.43 | 89,378.59 | 6.30% | 704,996.49 | 575,972.83 | 22.40% |
