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Brownwood and Early See Continued Growth in September Sales Tax Allocations

September 11, 2014 at 7:05 pm brownwoodnewsstaff
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comptrollerlogo2Texas State Comptroller Susan Combs released September sales tax allocation numbers this week showing an increase for Brownwood and Early.

The City of Brownwood was up 9.64% in sales tax for the month compared to September of last year.  Early was also up with 3.56% as compared to the same month last year.  Bangs and Blanket each saw a drop in allocations as compared to the same period in 2013 of -10.01% and -13.27% respectively.

Combs will send cities, counties, transit systems and special purpose taxing districts their September local sales tax allocations totaling $627.8 million, up 9.2 percent compared to September 2013.

“The latest monthly gains were led by remittances from the oil and natural gas, wholesale trade, and retail trade sectors,” Combs said. “Fiscal year 2014 ended with total collections at $27.27 billion, up 5.5 percent over the previous year. Growth in both business and consumer spending fostered the gains for the year.”

The September sales tax allocation figures represent monthly sales made in July as well as May, June and July sales by businesses that report tax quarterly.

See details for the September numbers below.

City Net Payment
This Period
Comparable Payment
Prior Year
% Change 2014 Payments
To Date
2013 Payments
To Date
% Change
Bangs 8,803.34 9,783.62 -10.01% 97,655.14 93,411.03 4.54%
Blanket 2,062.83 2,378.71 -13.27% 16,920.66 17,525.69 -3.45%
Brownwood 506,441.39 461,900.27 9.64% 4,864,441.40 4,563,846.95 6.58%
Early 90,564.98 87,450.66 3.56% 862,494.45 793,980.43 8.62%

Tags: BrownwoodNews, Bulletin, news, texas, Texas State Comptroller Susan Combs released September sales tax allocation numbers this week showing an increase for Brownwood and Early. Brownwood
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