Lindale’s sales tax receipts remain steady

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Merchants in Lindale enjoyed another positive month in the area of sales tax receipts as Texas Comptroller Glenn Hegar’s office has released figures for March.

Lindale’s numbers were 9.55 percent higher than March, 2016 which was nearly identical to February’s 9.65 percent local showing.

Three Smith County entities were in the negative category for March, while New Chapel Hill outdistanced everyone with a 53.63 percent increase. Bullard merchants registered a 28.72 percent increase and Winona was up 22.31 percent.

Locally, sales figures totaled $959,152.79 for March, 2017, compared to $875,520.03 for March 2016.

Across the state, Hegar said sales tax revenue totaled $2.24 billion in March, 3 percent more than in March 2016.

“Overall net growth in sales tax revenue represents mixed performances by major industry sectors,” Hegar said. “Collections from the manufacturing, wholesale trade and information sectors increased, while receipts from construction, retail trade and restaurants declined from last year’s levels.”

Total sales tax revenue for the three months ending in March 2017 was up by 2.1 percent compared with the same period a year ago. Sales tax revenue is the largest source of state funding for the state budget, accounting for 58 percent of all tax collections in fiscal 2016. Motor vehicle sales and rental taxes, motor fuel taxes and oil and natural gas production taxes are also large revenue sources for the state.

In March 2017, Texas collected the following revenue from those taxes:

motor vehicle sales and rental taxes — $403.6 million, up 2.2 percent from March 2016;

motor fuel taxes — $266.3 million, down 5.5 percent from March 2016; and

oil and natural gas production taxes — $297 million, up 177 percent from March 2016. The increase is due in part to refunds provided to natural gas severance taxpayers in March 2016, which resulted in artificially low tax collections during that period.

“The cities of Houston, San Antonio, Dallas and Austin saw noticeable increases in sales tax allocations,” Hegar said. “The cities of Sugar Land, McAllen, Irving and Grand Prairie saw noticeable decreases.”

Smith County’s figures are:

ARP: $24,679.28 for 2017; $32,320.15 for 2016, down 23.64 percent

BULLARD: $165,621.82 for 2017; $128,685.49 for 2016, up 28.72 percent

LINDALE: $959,152.79 for 2017; $875,520.03 for 2016, up 9.55 percent

NEW CHAPEL HILL: $5,728.72 for 2017; $3,728.81 for 2016, up 53.63 percent

NOONDAY: $41,435.82 for 2017; $41,950.23 for 2016, down1.22 percent

TROUP: $128,140.28 for 2017; $133,272.47 for 2016, down 3.85 percent

TYLER: $13,402,947.12 for 2017; $12,890,666.87 for 2016, up 3.9 percent

WHITEHOUSE: $256,796.54 for 2017; $256,260.29 for 2016, up 0.20 percent

WINONA: $50,717.51 for 2017; $41,465.82 for 2016, up 22.31 percent.

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