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Local Sales Tax Distributions Reflect The Struggling Economy
The state collected $1.77 billion in sales tax revenue in May, about 5 percent less than in May 2008, and payments to most Central Texas cities were flat or down from a year ago.
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4 Comments 
(June 13, 2009)--The state collected $1.77 billion in sales tax revenue in May, 5.2 percent less than in May 2008, and payments to most Central Texas cities were flat or down from a year ago.
Waco’s payment was 0.73 percent more than last May, but Temple’s was down 0.71 percent, Killeen’s was down 9.42 percent and Copperas Cove’s was down 0.53 percent.
Lampasas, however, received 3.20 percent more and Salado’s payment was up 2.58 percent.
Mexia’s payment was up 0.67 percent.
Gatesville’s payment was down 2.04 percent.
“Weakness throughout most sectors of the economy resulted in a significant decrease in May sales tax collections,” Texas Comptroller Susan Combs said.
“While year-to-date sales tax revenue is up 0.5 percent for state fiscal 2009, further declines are expected this year.”
Combs sent cities, counties, transit systems and special purpose taxing districts $441.1 million in June local sales tax allocations, 3.9 percent less than last June.
Sales tax allocations of $297 million to Texas cities were down 3 percent compared to June 2008.
Latest Comments
Waco was already a poor city. The economy turning bad just brought things to light I think. To read news stories in Waco, one would think that there was once a booming economy here. Never has been, never will be as long as the current city leaders are here. One business opens, two close. That's the pattern in Waco.
But McLennan County, The City of Waco, and 'all' the School Districts keep going up on Personal Property Taxes, so they can continue to waste it on stupid things!! Spend-Spend-Spend!!!
no need to worry all texas politicans are trying to find a way to pick your pockets as we speak.the way it is in the state of taxs
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