Clarendon’s economy continues to produce higher sales tax returns, according to information released by Texas Comptroller Carole Keeton Strayhorn last Friday.
The city’s November sales tax allocation soared 18.85 percent above the same period last year for a total rebate of $25,615.41.
Clarendon started the calendar year with lower returns, but local sales produced increased returns for five months in a row before tapering off in August and then rebounded big in September. This month’s allocation drives the city’s year-to-date collections to an 8.14 percent increase of $249,396.84.
Hedley and Howardwick also posted big gains this month. Hedley’s rebate of $755.37 was up from $425.15, which reflects a 7.14 percent increase for the year. Howardwick was up 15.4 percent to $1,192, and has seen a 2.49 percent increase on the year-to-date.
Statewide sales tax revenue is up, even though November sales tax allocations to 73 Southeast Texas cities, counties, special purpose districts and a transit system impacted by the hurricane are down $2.3 million, or four percent, compared to November 2004. For 24 of the affected local entities, sales tax revenue is off by 20 percent to 73 percent.
Strayhorn reported that state sales tax collections rose to $1.36 billion in October, up 5.9 percent, compared to October 2004. Texas cities received $310.9 million in sales tax allocations, up 8.6 percent compared to November 2004.
October state sales tax collections and November sales tax allocations to local governments represent September sales reported to the Comptroller in October by monthly tax filers and July, August and September sales reported to the Comptroller in October by quarterly tax filers.
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