Sales tax revenue for Lindale merchants edged upward this past month as Texas Comptroller Glenn Hegar’s office released statewide figures for cities, counties, transit systems and special purpose taxing districts.
During the past month, local businesses collected $246,630.74, which was a 3.23 percent increase compared to a month ago, according to Hegar’s figures.
For the year to date, Lindale merchants have taken in $2,444,690.17 compared to $2,448,153.37 from the same time a year ago, or a drop of 0.14 percent.
Across Smith County during the past month, Arp posted the largest gain of 53.29 percent on sales of $8,982.80. New Chapel Hill dropped 36.04 percent during the past month, recording $752.15 in sales compared to $1,175 from the previous month.
For the rest of the state, Hegar will send cities, counties, transit systems and special purpose taxing districts $735.9 million in local sales tax allocations for October, 11.4 percent more than in October 2017.
These allocations are based on sales made in August by businesses that report tax monthly.
Hegar said state sales tax revenue totaled $2.7 billion in September, 14.8 percent more than in September 2017.
“Vigorous growth in state sales tax revenue continued in September across all major industry sectors,” Hegar said. “While the fastest growth in tax collections was fueled by business spending, especially in oil- and gas-related sectors, robust consumer spending spurred significant increases from restaurants and retail trade as well.”
Total sales tax revenue for the three months ending in September 2018 was up 12.4 percent compared to the same period a year ago. The sales tax is the largest source of state funding for the state budget, accounting for 57 percent of all tax collections.
Revenue from other major taxes on motor vehicle sales and rentals, motor fuel and oil and natural gas production also rose in September 2018:
-- motor vehicle sales and rental taxes — $401.4 million, up 4.1 percent from September 2017;
-- motor fuel taxes — $325.1 million, up 10.7 percent from September 2017; and
-- oil and natural gas production taxes — $487.1 million, up 66.1 percent from September 2017.
Year to date Smith County sales tax figures, compared to 2017:
ARP: $78,477.07 for 2018; $62,086.76 for 2017, up 26.5 percent
BULLARD: $390,941.51 for 2018; $398,653.10 for 2017, down 1.93 percent
LINDALE: $2,444,690.17 for 2018; $2,448,153.37 for 2017, down .14 percent
NEW CHAPEL HILL: $12,210.95 for 2018; $11,990 for 2017, up 1.83 percent
NOONDAY: $138,858.01 for 2018; $111,265.32 for 2017, up 24.79 percent
TROUP: $329,807.52 for 2018; $316,612.72 for 2017, up 4.16 percent
TYLER: $36,109,004.30 for 2018; $33,827,266.47 for 2017, up 6.74 percent
WHITEHOUSE: $704,043.26 for 2018; $673,145.59 for 2017, up 4.59 percent
WINONA: $124,573 for 2018; $116,181.91 for 2017, up 7.22 percent.