City’s monthly sales tax revenues end the year on a high note
By LYNETTE SOWELL
Cove Leader-Press
The sales tax numbers for December 2017 are in, and the city of Copperas Cove’s tax revenue check for December 2017 is $374,902.41, up from the $323,012.89 it received in December 2016, a 16.06 percent increase from last year, according to the report released from the office of state comptroller Glenn Hegar on Wednesday.
Overall for 2017, the city’s sales tax rebates have increased 8.49 percent at $4,579,549.85, compared to $4,220,794.06 it had received by December 2016, an increase of $358,755.79.
Gatesville’s sales tax rebate amount is $170,066.65, up 10.42 percent from last December’s $154,012.01, and overall increased by 7.07 percent compared to 2016.
In Lampasas County, Kempner is receiving $8,633.73 in sales tax rebates, down 25.94 percent from December 2016’s amount of $11,658.70. Kempner is down 8.62 percent for 2017 compared to 2016. The city of Lampasas is down 0.66 percent compared to December 2016, receiving $141,460.31 for December 2017.
Killeen will receive $1,697,528.25, up 2.14 percent from last December’s $1,661,938.08 and up 3.29 percent for 2017.
Harker Heights also saw an increase this month with rebates totaling $481,629.98, compared to the $475,868.07 it received in December 2016. For 2017, Harker Heights’ sales tax revenue totals are down 0.30 percent. Belton will receive $389,833.64 in sales tax rebates, up 7.75 percent from the $361,775.02 it received in December 2016. Belton’s sales tax revenue is up 4.27 percent for 2017.
Texas Comptroller Glenn Hegar announced on Wednesday he will send cities, counties, transit systems and special purpose taxing districts $695.2 million in local sales tax allocations for December, 10.8 percent more than in December 2016. These allocations are based on sales made in October by monthly filers.