Teague sees nearly 20 percent increase in sales tax revenue

Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $867.7 million in local sales tax allocations for May, 0.7 percent more than in May 2018.  These allocations are based on sales made in March by businesses that report tax monthly, and sales made in January, February and March by quarterly filers.

All cities in Freestone County, except Fairfield see an increase in sales tax revenue. Fairfield sees a decrease with a 1.18 percent change, Teague with a 7.71 percent change, Streetman with a 3.35 change and Wortham with a change of 19.70 percent. Wortham was the only city to see a negative figure of 19.91 percent year to date.

In Limestone County, Mexia was the only city coming up short for this period with 1.81 percent less than this time last month. All other Limestone County cities saw increase in sales tax revenue with Groesbeck bringing in 7.02 percent more, Kosse saw a 17.02 percent increase, Coolidge came up 18.48 percent and Thornton saw 22.46 percent more than this time last month.

 

 

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The Teague Chronicle

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