Corsicana Daily Sun, Corsicana, Texas

News

April 11, 2013

Sales tax receipts up

State, local governments benefit from improved economy

Corsicana — February sales across Texas continued to rise, compared to last year, up more than 5 percent over February 2012, according to figures from the Texas Comptroller’s office. The sales successes are reflected in sales taxes received in Austin in March. The cities received their portion of the February sales taxes in early April.

“Sales tax revenue growth was seen in both the business and consumer sectors of the economy,” Combs said. “Collections grew in sectors such as manufacturing and retail trade. Sales tax revenue has now increased for 36 consecutive months.”

Locally, the county is about on par with the state, with sales taxes for the year to date up 5.13 percent compared with 2012 at the same time. The sales taxes are from purchases made in February.

Most of those sales were made in Corsicana, which saw an increase of nearly 12 percent compared to February of 2012, and up 5.3 percent for the year thus far.

Corsicana does have a few new shops, but the increase is most likely a result of what’s going on statewide, said City Manager Connie Standridge.

“I think generally the economy is stronger, and it appears that hopefully more people are shopping locally,” she said.

Another boost could be coming through some audits done by the state of some businesses in which the state found some taxes due — to both the state’s and Corsicana’s benefit.

Shoppers pay 8.25 percent in sales taxes, or just over 8 cents on each dollar, and the state collects 6 and a quarter cents of that for state coffers, while the rest goes to local entities. The city of Corsicana gets 1.5 cents, and Navarro County receives a half-cent of the rate.

Sales in Frost are up nearly 38 percent for the year, although month-to-month isn’t as easy to estimate since the city’s 2012 April receipts weren’t paid. The city was overpaid in 2012, and so spent a few months repaying it to the state, explained Danny Gillespie, city secretary.

The positive sales tax receipts for the year, though, will just go into the city’s general fund.

“We’ll keep paying the bills,” Gillespie said.

Blooming Grove’s year-to-date sales taxes are up more than 18 percent, and 19 percent when compared to April 2012.

“We do have a new shop selling flowers and decor, and a new resale shop,” said Blooming Grove City Secretary Beth Nemeth.

The additional sales taxes will help the city with some plans it already has in the works, Nemeth said.

“We are looking to do some work in our city park,” she said. “In fact we’re going to be starting on that next month. Spruce it up for the citizens. This will help with that.”

The month wasn’t kind to Rice, which saw 5 percent less than this same month last year; or Kerens, which saw a 30 percent drop compared to April 2012. However, both cities are doing well for the year, so a few weak months aren’t a make or break situation.

—————

Janet Jacobs may be reached via e-mail at jjacobs@corsicanadailysun.com. Want to “sound off” to this article? E-mail: Soundoff@corsicanadailysun.com

Navarro          April 2013    April 2012    % change    2013 YTD    2012 YTD    % change    

Angus         $2,785         $3,154         -11.68%         $15,799         $13,788         14.58%

B. Grove        $1,713         $1,439         19.02%         $7,185         $6,068         18.40%

Corsicana     $442,017     $395,095     11.87%         $1,882,607     $1,787,794     5.30%

Dawson         $3,154         $3,220         -2.07%         $15,667         $14,281         9.70%

Emhouse     $503         $411         22.41%         $1,996         $1,581         26.28%

Eureka         $987         $1,152         -14.33%     $3,252         $4,508         -27.85%

Frost         $914         0.00*         U/C         $3,896         $2,831         37.61%

Goodlow     $307         $286         7%         $1,346         $1,232         9.23%

Kerens         $9,327         $13,435         -30.57%     $49,720         $54,996         -9.59%

Mildred         $418         $404         3.33%         $2,125         $1,735         22.51%

Mustang     $113         $14         686.33%     $277         $177         56.50%

Navarro         $71         $56         25.77%         $517         $291         77.77%

Oak Valley    $80         $82         -2.19%         $407         $288         41.32%

Rice         $5,657         $5,957         -5.03%         $25,571         $22,894         11.69%

Richland     $864         $586         47.51%         $3,659         $3,186         14.82%

County Total      $468,916     $425,299     10.25%         $2,014,032     $1,915,656     5.13%

Source: Texas Comptroller’s Office.

* Frost received an overpayment in 2012 and spent several months paying it back to the state.

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