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County sees sales tax decline
Aug 18, 2013 | 705 views | 0 0 comments | 16 16 recommendations | email to a friend | print
AUSTIN – Sales tax rebates to Bee County showed a decline during July, according to a recent press release from State Comptroller Susan Combs.

The county’s rebate was $205,961.84 when it arrived this month. That was down by 15.98 percent compared to the $245,139.06 the county received from the previous month.

So far this year, Austin has sent $1,432,625.55 to Bee County. That is 10.10 percent less than the $1,593,713.70 in rebates that the county had received by this time in 2012.

Rebates to the city increased by 1.30 percent, from $408,816.25 received last August to $414,132.51 rebates this month.

Since January, the city has received $3,045,506.67 in rebates from Combs’ office. That is an increase of 7.67 percent compared to the $2,828,532.21 the city had received by this time in 2012.

Sales taxes are collected by businesses in the city and county and sent to the comptroller’s office.

The state keeps its share of the taxes and rebates the money that is to go to the city, county and other local taxing entities.

Combs said total, statewide collections for July came to $671 million, up by 6.2 percent for the month and reflected an increase of 7.1 percent for the year.

Of that, $443.3 million went to cities, and $42.7 million was sent to counties. The remainder of the local sales taxes were sent to transit systems and special purpose taxing districts.

Cities have seen a 6.6 percent increase in rebates this year, and counties have seen their rebates rise by 7.9 percent.
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