Cooke County and local cities in the county received $ 872,770.72 last week in sales tax allocations for the month of November.
The allocations for the cities and county represent sales taxes that occurred in September from businesses that file sales taxes monthly.
Texas Comptroller Susan Combs sent a total of $541 million in sales tax revenue to local governments and in a press release dated Nov. 10, said the state sales tax revenue in October was $1.62 billion, up 6.6 percent compared to October 2009.
“Total sales tax collections have now exceeded year ago amounts for a seventh consecutive month,” Combs noted. “Once again growth was posted in major sectors like the oil and gas industry, retail trade and construction. We will need to keep monitoring revenue from these and other sectors to see if tax collections maintain an upward trend.”
The $541.4 million in November sales tax was distributed to cities, counties, transit systems and special purpose taxing districts.
Combs noted that local sales tax allocations are up 8.1 percent compared to a year ago.
Of the $541 million, Texas cities received $367.2 million in sales tax allocations, which is up 7.2 percent compared to November 2009.
So far this calendar year, city sales tax allocations are down 0.2 percent compared to the same time period last year.
Texas counties received November sales tax allocations of $32.2 million, up 14.2 percent compared to one year ago. For the calendar year-to-date, county sales tax allocations are running 2.2 percent below 2009 revenues.
The November allocations for the cities of Gainesville, Lindsay, Muenster, Oak Ridge and Valley View total $613,720.84. This in an increase in allocations of 29.31 percent from last year for the same period when these cities received $474,580.06.
Payments to date for these cities for 2010 total $4,981,429.00, a decrease of 9.13 percent from the payments to date for 2009 during this same time period of $5,482,079.01.
The sales tax allocation for Cooke County for November totaled $259,049.88. This is an increase of 58.61 percent compared to the same time last year, when Cooke County received $163,325.03
Payments to date for Cooke County for 2010 total $2,182.815.72, which is an increase of 10.64 percent from last year, when for the same period of time total payments were $1,972,828.45.
Payments to individual cities for the November sales tax allocations are as follows:
The City of Gainesville received a payment of $546,531.29 for November. This is an increase of 30.75 percent from last year when the City of Gainesville received a payment of $417,978.35 for the same period.
Payments to date for the City of Gainesville for 2010 total $4,407,131.24, which is a decrease of 10.38 percent from last year, when for the same period of time total payments were $4,917,612.66.
The City of Lindsay received a payment of $10,871.53 this month. This is an increase of 7.69 percent from last year when Lindsay received $10,094.85 for the same period.
Payments to date for the City of Lindsay for 2010 total $96,135.80, an increase of 3.51 percent from last year. During the same period of time in 2009 the city’s total was $92,873.80.
The City of Muenster received $37,710.18 for the November sales tax allocations. This is an increase of 22.96 percent compared to the same period last year when Muenster received $30,666.85 during the same period.
For 2010, payments to date for the City of Muenster are $311,088.02. This year’s total amount to date is down 0.57 percent from the comparable time frame for 2009 totaling $312,820.93.
The City of Oak Ridge received a payment of $5,760.46, a decrease of 6.14 percent. Last year Oak Ridge received $6,137.60 for the same time period.
Total payments for the City of Oak Ridge for 2010 are $65,436.55 which is down 6.54 percent from the same time period in 2009 when the city had received a total of $70,018.64.
The City of Valley View received $12,847.38 for the November allocation, an increase of 32.41 percent. Last year during a comparable period, Valley View received $9,702.41.
The City of Valley View has received a total of $101,717.39 to date. This is an increase of 14.60 percent over the same period last year when the payment total was $88,752.82.
All distributions are net payments.
The current sales tax rate for the cities listed is 1.5 percent and the Cooke County rate is 0.5 percent.
The 169 special purpose taxing districts around the state received $22.9 million in sales tax, up 18.2 percent compared to last November. Ten local transit systems will received $118.9 million in November sales tax rebates, up 7.7 percent compared to a year ago.
Detail of the November sales tax payments for individual cities, counties, transit systems and special purpose districts can be reviewed at the Monthly Sales and Use Tax Allocation Comparison Summary Reports on the comptroller’s website at www.window.state.tx.us/taxinfo/allocsum/compsum.html.
The next local sales tax allocation for will be made on Friday, Dec. 10.