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Thu April 9, 2009
Sales tax rebates up for region in February
By Scott Harvey
A recent report by the Texas Comptroller's office finds sales tax rebate collections for February up for most of the region.
The figures released Wednesday by the Texas Comptroller's Office reflect the portion of sales taxes collected at local businesses in February, which were reported to the comptroller's office in March.
The city of Commerce collected a sales tax payment of $109,278.03 in April, a gain of 16.80 percent from the $93,552.70 received in April 2008.
Through the first two months, Commerce has received $390,486.57 in sales tax rebate revenue, an increase of 4.45 percent from the $373,826.38 in sales tax revenue received through the same point in 2008.
The City of Greenville saw nearly just as big an increase in sales tax revenue from January to February.
The city received a sales tax payment of $432,554.48 in April, a 13.32 percent gain over the $381,696.75 received in April of last year.
A 0.70 percent increase was generated in Bonham, a 20.77 percent increase in Paris and a 12.13 percent increase in Sulphur Springs when compared to what was collected at the same point a year ago.