Texas Comptroller Susan Combs released sales tax allocation numbers for March which showed a positive month for Brown County municipalities with the exception of Early, which showed a slight decline.
Brownwood’s sales tax allocations for the month are up 5.5% over March of last year. The city is continuing to experience positive gains year-to-date of 5.5%.
The City of Early experienced a decline of -5.47% in March’s allocations; however the 2012 year-to-date totals are holding steady with a very slight decline of -0.07%.
“Sales tax revenue in all major industries was up, indicating growth in both business and consumer spending” Combs said. “Rapid growth in tax collections continued from oil and natural gas sectors, while revenue from retail trade, restaurants and telecommunications was also up significantly.”
Combs will send March local sales tax allocations totaling $473.6 million to cities, counties, transit systems and special purpose taxing districts, up 9.3 percent compared to March 2011.
The sales tax figures represent sales that occurred in January.
See full numbers below for March allocations for Brownwood, Early, Bangs, and Blanket.
| City | Net Payment This Period |
Comparable Payment Prior Year |
% Change | 2012 Payments To Date |
2011 Payments To Date |
% Change |
|---|---|---|---|---|---|---|
| Bangs | 9,214.75 | 7,728.72 | 19.22% | 30,927.72 | 28,070.83 | 10.17% |
| Blanket | 2,141.80 | 1,620.38 | 32.17% | 5,672.87 | 4,437.33 | 27.84% |
| Brownwood | 421,386.81 | 399,382.98 | 5.50% | 1,513,415.59 | 1,434,409.47 | 5.50% |
| Early | 64,602.35 | 68,536.81 | -5.74% | 259,829.15 | 191,485.06 | -0.07% |
