Showing posts with label Tax Allocations. Show all posts
Showing posts with label Tax Allocations. Show all posts

Monday, February 16, 2009

Comptroller Susan Combs Distributes $665 Million in Local Sales Tax

Upshur County receives $90,760, Cities and towns share $181,306.25

AUSTIN, TX, Feb. 13, 2009 -- Texas Comptroller Susan Combs said today the state collected $1.92 billion in sales tax revenue in January, up 3.9 percent compared to January 2008.

“Growth in state sales tax collections remains modest,” Combs said. “While overall growth has continued for the first five months of fiscal 2009, collections from important sectors such as retail trade and construction have decreased.”

Combs sent $665.5 million in local sales tax to Texas cities, counties, transit systems and special purpose taxing districts, up 3.9 percent compared to sales tax distributions to local governments in February 2008.

January state sales tax collections and February’s local sales tax allocations represent sales made in December, but also include earlier sales by businesses that report sales tax to the Comptroller on a quarterly or annual basis.

The Comptroller sent $445.2 million in sales tax to Texas cities, up 2.5 percent compared to February 2008 payments. Texas counties received February sales tax payments of $41.4 million, up 9.9 percent compared to last February.

The 148 special purpose taxing districts around the state received $26.7 million in sales tax, up 24 percent compared to February 2008. Ten local transit systems received $152.1 million in February sales tax payments, up 3.3 percent compared to a year ago.

The Comptroller’s next local sales tax allocation will be made on Friday, March 13.















Upshur County and Cities Tax Allocations
City / CountyCurrent Payment2009 YTD Total2008 Comparable% Change
Big Sandy$28,589.49 $49,169.49 55,529.00 -11.45%
East Mountain2,067.68 3,810.06 4,280.44 -10.98%
Gilmer136,820.00 234,493.71225,259.30 4.09%
Ore City13,118.54 23,978.31 24,648.92 -2.72%
Union Grove710.54 925.97 842.40
9.92%
Upshur County$90,760.26153,830.13 141,317.09 8.85%

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Saturday, January 10, 2009

Texas Comptroller Delivers First Local Sales Tax Allocations of 2009

Upshur County receives $63,000, Cities and towns share $131,000.

AUSTIN, TX Jan. 9, 2009 -- Comptroller Susan Combs announced today that the state collected $1.86 billion in sales tax revenue in December, up 2 percent compared to December 2007.

“State sales tax collections have grown 3.9 percent for the first four months of state fiscal year 2009,” Combs said. “Growth in overall collections has slowed compared to recent years, while remittances from key sectors such as construction and retail trade have declined.”

Combs sent cities, counties, transit systems and special purpose taxing districts their first sales tax allocations of 2009 — $459.2 million, up 2.4 percent compared to January 2008.

Combs sent January sales tax allocations of $309.9 million to Texas cities, up 2.2 percent compared to January 2008. Texas counties received sales tax payments of $29 million, up 8.2 percent compared to last January.

In addition, $18.3 million went to 148 special purpose taxing districts around the state, up 23.5 percent compared to last January. Ten local transit systems received $101.9 million in sales tax allocations, down 1.4 percent compared to a year ago.

December state sales tax collections and January allocations to local governments represent sales that occurred in November.














Upshur County and Cities Tax Allocations
City / CountyCurrent Payment2009 Total2008 Comparable% Change
Big Sandy$20.580.0020,580.0022,123.89-6.97%
East Mountain$1,742.381,742.381,702.35+2.35%
Gilmer$97,673.7197,673.7192,857.82+5.18%
Ore City$10,859.7710,859.778,279.78+31.16%
Union Grove$215.43215.43517.56

-58.37%
Upshur County$63,069.8763,069.8755,715.75+13.19


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Sunday, December 14, 2008

Upshur Sales Tax Revenues Increase in 2008

Countywide, 2008 tax allocations totaled $2,609,000, increasing $205,000 over 2007

Texas Comptroller Susan Combs said Friday that Texas collected $1.98 billion in sales tax in November, up 4.7 percent compared to November 2007.

“For the first three months of the state’s 2009 fiscal year, state sales tax collections have continued to grow,” Combs said. “However, the increase is less than in the past three years, and collections from important sectors such as retail trade and construction have declined slightly.”

The Comptroller sent cities, counties, special purpose districts and transit systems their final sales tax allocations of 2008 — $488 million, up 9.2 percent compared to last December. Despite the economic slowdown, Combs said local governments collected $5.9 billion in sales tax this year, 6.3 percent more than in 2007.

Upshur County, as well as the cities of Big Sandy, East Mountain, Gilmer, Ore City, and Union Grove, all receive separate monthly allocations from the state.

When combined, the December allocations of $213,573.50, which comes from sales taxes collected in October of this year, grew over $23,000 from December 2007, which was $190,357.64.

For the calendar year, 2007 combined allocations were $2,404,349, increasing this year to $2,609,958. This is a healthy 8.5% increase.











Calendar Years 2008 and 2007 Allocations
Recipient20082007% Change
Big Sandy$280,782$261,8907.21%
East Mountain$23,474$19,07723.05%
Gilmer$1,282,214$1,204,4916.45%
Ore City$131,454$112,05817.31%
Union Grove$5,752$5,3138.27%
Upshur County$886,279$801,51710.58%
Combined$2,609,958$2,404,3498.55%


Not all the news was rosy, however. Big Sandy, East Mountain and Union Grove all saw individual decreases from December of last year. Union Grove tumbled 64%.










December 2008 and 2007 Allocations
RecipientDec 2008Dec 2007% Change
Big Sandy$23,984$24,569-2.38%
East Mountain$2, 111$2,395-11.83%
Gilmer$103,912$92,93611.81%
Ore City$10,527$9,7597.87%
Union Grove$303$862-64.82%
Upshur County$72,734$59,83521.56%
Combined$213,573$190,35712.20%



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