Alcohol Sales Increases Rebate Check
Up Over 50% For Second Consecutive Month
THE CITY OF TEAGUE and surrounding area was pounded by nickle size hail stones for about 15-20 minutes on Friday morning, May17th, damaging many roofs, cars, trees, gardens and anything in its path. The storm also dumped about an inch of needed rain in the area. Local insurance agents are busy as reports of damage keeps coming in.
For the second consecutive month, the City of Teague has received sales tax rebate checks that are over fifty percent higher than the checks received a year ago. The increase is believed to be due primarily to the sale of beer and wine within the city limits, which was approved by voters last fall.
The City?s May 2013 check was in the amount of $78,222 for their portion of the state sales tax rebate sent out each month by the State Comptroller?s office.
This months rebate check shows a 54.03 percent increase over the $50,783 check sent to the city at this time last year, prior to the legal sale of alcohol in Teague.
Last months check was in the amount of $47,916, an increase of 56.07 percent over the April 2012 check of $30, 701
For the first five months of 2013, the City of Teague has received checks totaling $249,656.16, an increase of 25.06 percent from last year?s total at this time of $199,614.11.
Three quarters of all sales tax rebate checks sent to the City of Teague are deposited into the general fund for local operations and the remaining twenty-five percent of the check is deposited into the Teague Economic Development Corporation?s fund account.
Where alcohol sales has increased the size of the sales tax rebates to the City of Teague, that doesn?t seem to be the case for the City of Fairfield this month.
Fairfield?s May 2013 rebate check was in the amount of $258,201, approximately one percent less than the $260,490 check received at this time last year. So far in 2013, Fairfield has received checks totaling $908,399, a 1.81 percent increase from the $892,213 received during the first four months of 2012. Fairfield?s April 2013 check did reflect an increase, which was 21 percent more than the April 2012 rebate check.
The City of Wortham, which voted in the sale of beer and wine a number of years ago, received a check in the amount of $11,905, a decrease of 23.18 percent from last year?s check at this time of $15,498. So far in 2013, Wortham has received checks totaling 62,624, a decrease of 10.11 percent from the $69,672 received by this time last year.
The City of Streetman received a check in the amount of $3,089 this month. The check was 24.57 percent less than the $3,360 received at this time last year. So far this year, Streetman has received checks totaling $12,818.36, just $20 more than last year?s total at this time of $12,798.18.
The May 2013 sales tax allocations as a whole in Freestone County totaled $351,419.72, an increase of 6.34 percent over the $330,461.37 received in May of 2012. For the first five months of 2013, Freestone County cities have received checks totaling $1,236,587.71, an increase of 4.97 percent over 1,117,987.39 received by this time last year.
State Comptroller Susan Combs sent May 2013 tax allocations of $441.8 million to Texas cities, up 4.9 percent compared to May 2012. The May rebate checks were based on sales made during March of this year.