Gainesville Daily Register

July 13, 2013

Cities to receive next round of tax revenue

— Staff report

Texas Comptroller Susan Combs reported Wednesday that state sales tax revenue in June was $2.17 billion, up 9.1 percent compared to June 2012.

The resulting allocation payments include a sum of $642,178 to Cooke County, a 10 percent decrease compared to July 2012.

“Growth in sales tax receipts was led by business sectors such as manufacturing and construction,” Combs said in a statement released Wednesday. “Remittances from the oil and natural gas industry remain strong, while sales tax revenue was also notable for restaurants — a consumer sector.”

The local allocation breakdown follows: Gainesville received $578,103, a 9.9 percent decrease compared to July 2012; Lindsay received $8,236, a 52 percent increase; Muenster received $34,000, a 22 percent decrease; Oak Ridge received $8,090, a 21.5 percent increase; and Valley View received $13,747, a 16 percent decrease.

Combs will send cities, counties, transit systems and special purpose taxing districts their July local sales tax allocations totaling $578.3 million — a figure up 8.1 percent compared to July 2012.

The sales tax figures represent monthly sales made in May.