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Sales Tax Jumps for Brownwood, Early and Bangs

February 14, 2014 at 11:04 pm brownwoodnewsstaff
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comptrollerlogo2Texas State Comptroller Susan Combs released February sale tax allocation numbers this week reflecting December sales, and all Brown County cities showed an increase in sales tax thanks to the holiday shopping season.

Brownwood jumped almost 12% in sales tax for the month as compared to the same month last year.  Early was up a little more than 3%, Bangs grew 2.44% and Blanket was up 36%.

Statewide, 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.

“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.”

The sales tax figures represent December sales reported by monthly tax filers as well as October, November, and December sales by businesses that report tax quarterly.

See the tax allocation breakdown for Brown County cities below.

City Net Payment
This Period
Comparable Payment
Prior Year
% Change 2014 Payments
To Date
2013 Payments
To Date
% Change
Bangs 14,357.83 14,015.03 2.44% 23,176.47 22,467.31 3.15%
Blanket 3,236.91 2,379.19 36.05% 4,974.14 3,864.10 28.72%
Brownwood 684,282.63 613,034.35 11.62% 1,152,896.97 1,069,493.24 7.79%
Early 122,820.50 119,173.91 3.05% 198,966.48 190,042.10 4.69%

 

Tags: and all Brown County cities showed an increase in sales tax thanks to the holiday shopping season., Texas State Comptroller Susan Combs released February sale tax allocation numbers this week reflecting December sales
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