Gainesville Daily Register

Local News

September 12, 2013

Comptroller grants $711,266 allocation to Cooke County

Gainesville — Staff report

Texas Comptroller Susan Combs announced Wednesday that state sales tax revenue in August was $2.39 billion, up 2.1 percent compared to August 2012.

The resulting allocation payments include $711,266 to Cooke County during September — a 74 percent decrease compared to September 2012.

“The latest monthly gains were led by sectors such as construction and the restaurant industry,” Combs said. “For the recently ended fiscal year, state sales tax revenue totaled $25.8 billion, an increase of 7.2 percent from fiscal 2012. Both business and consumer spending contributed to the gains for the year.”

Combs will send cities, counties, transit systems and special purpose taxing districts their September local sales tax allocations totaling $575 million, up 2.8 percent compared to September 2012.

Locally, the allocation payment breakdown is as follows: Gainesville received $648,568, a 73 percent decrease compared to September 2012; Lindsay received $8,102, a 10 percent increase; Muenster received $31,730, a 14 percent increase; Oak Ridge received $7,867, a 38 percent decrease; and Valley View received $14,998, a 4 percent increase.

The sales tax figures represent monthly sales made in July.

 

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