Weatherford Democrat

Top News

February 21, 2014

Most area cities show sales tax gains

February tax disbursements reflect important December holiday retail sales

From Staff Reports

Texas Comptroller Susan Combs recently said state sales tax revenue reported to the state in January was $2.3 billion, up 8.3 percent compared to January 2013.

“Increases were seen across all major sectors of the Texas economy,” Combs said. “This indicates continued expansion in both consumer and business spending, and brings the growth in fiscal year-to-date collections to 4.6 percent compared with the previous year. Sales tax revenue has increased for 46 consecutive months.”

Combs will send cities, counties, transit systems and special purpose taxing districts their February local sales tax allocations totaling $802.1 million, up 8.2 percent compared to February 2013.

February sales tax disbursements to cities and counties reflect taxable retail sales made in December, during the holiday shopping season, and are reported to the state in January.

In the first two months of 2014, the City of Weatherford’s sales tax collections are 5 percent ahead of the same period a year ago. Its February disbursement was a modest 2 percent gain over its February 2013 check. Weatherford’s sales tax receipts total $1.795 million in the first two months.

Three Parker County cities – Annetta, Hudson Oaks and Willow Park – showed double-digit gains in the February checks compared to a year ago, with Willow Park’s allocation 20 percent ahead of February 2013. Year-to-date, Annetta, Willow Park and Parker County are showing double-digit sales tax collection gains, with Hudson Oaks at 9.5 percent so far in 2014.

For February, the towns of Cool, Millsap and Reno showed declines in sales tax collections compared to February 2013, while on the year Aledo, Cool, Reno and Springtown are down in collections after receiving their January and February checks.

Aledo, however, did show a modest gain in its February allocation.

1
Text Only
Top News
Must Read
Top News
House Ads
AP Video
Traditional African Dishes Teach Healthy Eating The Carbon Trap: US Exports Global Warming 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp
Poll

The City of Weatherford is considering an ordinance that would ban smoking inside restaurants and enclosed areas where food is prepared, sold or consumed. Do you agree with this proposal?

Yes
No
Undecided
Don't care
     View Results