By Kim Hilsenbeck
Kyle and Buda
Based on the latest figures from the Texas Comptroller’s Office, Kyle saw a gain of 21.8 percent in sales tax distribution up from $405,019 last May to $493,472 in May of this year.
Meanwhile, Buda, saw a dip in sales tax from $434,950 in May 2014 to $409,198 last month, marking a 5.9 percent decrease when comparing the same month in 2014.
Year to date sales tax revenue for Kyle is up 17.7 percent over 2014, compared to Buda’s 8.1 percent increase in revenue to date.
So far this year, Buda collected $2.6 million in total sales tax revenue while Kyle collected $2.7 million.
Dripping Springs
and Wimberley
On the western side of the county, Dripping Springs collected $155,302 in sales tax in May, according to the comptroller’s report. That represents a 1.6 percent increase over May of 2014.
In the first five months of 2015, Dripping Springs collected a total $848,598. In the same time period last year, the city collected $750,754 for a gain of 13 percent.
Wimberley collected $66,747 in May of this year, compared to $50,898 last May – an increase of 31.1 percent.
Wimberley received $385,659 in revenue between January and May of this year, giving it a 15.1 percent increase over its sales tax collection for the same time period in 2014, according to the comptroller’s report.
San Marcos
According to the comptroller’s report, Hays County’s largest city, San Marcos, collected $1.99 million in May compared to $1.97 million in May 2014. So far this year, San Marcos collected $13.2 million in total revenue. In the same time period last year San Marcos collected $12.3 million, giving it a 7.2 percent gain.
Niederwald and
Uhland
Niederwald and Uhland on the eastern edge of Hays County both saw a boost in sales tax revenue in May. Niederwald gained 11.8 percent over May 2014, going from $1,631 to $1,824 in May 2015. Uhland's sales tax revenue for May 2015 was $10,973 compared to $9,289 last May.
During the first five months of this year, Niederwald collected $11,857 compared to $10,498 in the same time period last year for a gain of 12.9 percent. Uhland collected $57,217 between January and May this year, marking a 15.8 percent increase over the same time period last year when it collected $49,385.
Hays County
Hays County’s sales tax revenues according to the report were $1.23 million in May. That collection marks 2.6 percent increase over the $1.19 million collected in revenue last May. Hays County received $7.5 million in total sales tax revenue in the first five months of 2015, compared to $7.1 million during the same time frame last year. That represents an increase of 6.8 percent.
In a written statement, Texas Comptroller Glenn Hegar said today that state sales tax revenue in May was $2.6 billion, up 5.2 percent compared to May 2014.
"This marks the 62nd consecutive month of growth in sales tax collections," Hegar said. "Sales tax revenue growth was relatively strong, spurred by consumer spending at retail stores and restaurants. Remittances from the construction, wholesale trade and services sectors were also up significantly. Collections from the oil and gas mining sector declined, as was expected due to the slowdown in drilling."
Hegar will send cities, counties, transit systems and special purpose taxing districts their June local sales tax allocations totaling $629.2 million, up 5.9 percent compared to June 2014.
Sales tax revenues in May represent sales made in March.
