City of Aransas Pass monthly sales tax revenue down this month
(AUSTIN) — Texas Comptroller Glenn Hegar is sending cities, counties, transit systems and special purpose taxing districts $779.2 million in local sales tax allocations for August, 1.3 percent more than in August 2016. These allocations are based on sales made in June by businesses that report tax monthly, and sales made in April, May and June by quarterly filers.
For the City of Aransas Pass, however, that number is actually 8.05 percent less than it received in the previous year. The tax revenues are being sent to cities, counties, transit systems, and special purpose taxing districts.
The allocations are based on sales made in July by businesses which report the tax monthly.
Sales tax revenue received by Aransas Pass in August 2017 totaled $185,755.19, an 8.06 percent decrease over last year’s $206,380.55.
Year-to-date, however, Aransas Pass’ revenues are only 1.29 percent less, totaling $1,318,019.71 at this time, compared to $1,343,881.43 at this time last year, a total of $25,861.72 less.
Overall, of the $779.2 million, $507 million is going to cities at a rate .4 percent higher than in August 2016, and overall is 2.8 percent higher year-to-date as compared to the 2016 year-to-date rate.