Texas State Comptroller Susan Combs released October sales tax allocation numbers for October showing Brown County cities receiving steady growth. Brown County cities of Brownwood, Bangs and Blanket showed small increases with Early having a very small drop in taxes.
The City of Brownwood was up 1.91% in sales tax for the month compared to October of last year. Bangs and Blanket were also up with 5.35% and 7.93% respectively, as compared to the same month last year. The City of Early remained virtually unchanged in allocations as compared to the same period in 2013 with an ever so slight drop of – 0.04% in allocations.
Combs will send cities, counties, transit systems and special purpose taxing districts their October local sales tax allocations totaling $621.7 million, up 7.2 percent compared to October 2013.
Texas Comptroller Susan Combs said today that state sales tax revenue in September was $2.17 billion, up 7.9 percent compared to September 2013.
“Significant growth in sales tax revenues occurred across all major economic sectors, reflecting strength in both business and consumer spending,” Combs said. “The gains were led by remittances from the oil and natural gas-related and manufacturing sectors, as well as from restaurants and retail trade.”The October sales tax allocation figures represent monthly sales made in August.
See details for the October numbers below.
| City | Net Payment This Period |
Comparable Payment Prior Year |
% Change | 2014 Payments To Date |
2013 Payments To Date |
% Change |
|---|---|---|---|---|---|---|
| Bangs | 9,380.72 | 8,903.93 | 5.35% | 107,035.86 | 102,314.96 | 4.61% |
| Blanket | 1,402.77 | 1,299.61 | 7.93% | 18,323.43 | 18,825.30 | -2.66% |
| Brownwood | 483,887.30 | 474,792.47 | 1.91% | 5,348,328.70 | 5,038,639.42 | 6.14% |
| Early | 82,251.02 | 82,288.12 | -0.04% | 944,745.47 | 876,268.55 | 7.81% |
