By Andy Sevilla.
By less than $20,000, Kyle bested Buda in total sales tax revenues each local government received for the 2013 calendar year, though both cities took in more than $4 million, Texas Comptroller records show.
From January to December, this year, Kyle received $4.106 million in sales tax collections, marking a 12 percent increase from its 2012 collections, while Buda brought in $4.086 million in revenues, up 16 percent from last year, state tax records show.
Kyle and Buda have both experienced upward trends in sales tax collections, surpassing revenues compared to the same collection months last year.
Kyle received $321,293 in sales tax revenues this month, a more than seven-percent increase from the $299,073 it received in December 2012. Meanwhile, Buda took in a larger pot this month, receiving $348,136 in sales taxes, a 17.87 percent increase from the $295,337 it received in the same month last year.
December sales tax allocations represent sales reported in October.
San Marcos yielded the largest sales tax revenues for the whole 2013 calendar year compared to any other local government in Hays County, receiving more than $23 million in collections. San Marcos’ 2013 sales tax revenue total marks an 8.6 percent increase from the $21.3 million it received for the whole 2012 year.
This month, San Marcos took in $1.73 million in sales tax revenues, increasing by 5.5 percent from the allocation it received in December last year.
Hays County, like Buda and Kyle, saw a double-digit climb in its total sales tax revenues for 2013, compared to what it received in 2012. This year, Hays County received a total $13.23 million in sales tax collections, up 11 percent from the $11.92 million it received in the whole 2012 year.
The county’s December allocation – $1.06 million – also experienced a double-digit jump from what it received in the same month last year – $945,332 – a 12.65 percent increase.
Statewide, Texas Comptroller Susan Combs distributed about $580 million in monthly sales tax revenue to local governments, including cities, counties, transit systems and special purpose taxing districts.
“State sales tax revenue continues to grow at a moderate pace as expected,” Combs said in a statement. “Sales tax collections have increased for 44 consecutive months.”
Sales from sectors such as wholesale trade, services industries and restaurants contributed to the most recent increase in Texas, Combs said.
The $579.6 million in sales tax allocations Combs returned to local governments this month mark a five-percent increase over December’s total last year.
