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Combs’ sales tax report shows declines in rebates for city, county
May 02, 2014 | 31 views | 0 0 comments | 9 9 recommendations | email to a friend | print
AUSTIN – The latest sales rebate report from the office of State Comptroller Susan Combs indicates that oilfield-related business is declining in Beeville and Bee County.

The report shows that rebates declined by 29.86 percent for the city for sales made in February compared to those of February 2013 for the city.

The county saw a decline of 24.38 percent in the same period.

According to Combs’ figures, Beeville’s rebate for this month came to $294,631.41. Last April the city collected $420,111.16 for sales made in February 2013.

Bee County’s rebate for this month was $136,327.99. Last April the county received $180,290.36 from February sales.

Since January, the city has collected $1,359,344.84 in rebates from Austin. That is down by 8.49 percent compared to the $1,485,493.65 the city took in by this time last year.

The report showed that the county has received $649,617.96 in rebates so far this year. That is down by 7.10 percent compared to the $699,342.28 that was rebated to the county by this time in 2013.

Statewide the figures look better than they do for Beeville and Bee County.

Combs’ staff reported that cities received $362 million of a total of $554.5 million sent out to cities, counties, transit systems and special purpose taxing districts this month. That was up by 5.6 percent compared to what cities received last April and by 6.2 percent since the first of the year.

Counties received $36.1 million across the state, reflecting an improvement of 2.6 percent for April and 1.9 percent for the year.

Businesses collect sales taxes for the entities in which they operate and send the proceeds to Combs’ office in Austin. The comptroller’s staff determines which portion of the total sales taxes each taxing entity should receive, based on their individual sales tax rates, and then send those entities rebate payments.
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