BUSINESS HEADLINES

Sales taxes off to so-so start in 2013

By Messenger Staff | Published Saturday, January 12, 2013

January sales tax numbers for Wise County’s 12 cities were mostly better than last year’s – but neither the gains nor the losses were overwhelming.

Only two cities started the year worse off than 2012. Paradise was off nearly 27 percent compared to last year as its 1.5-cent tax brought in $4,636 compared to $6,337 last January.

Bridgeport was down just 4.8 percent, but that translates into a shortfall of nearly $14,000 compared to last January. Decatur’s rise was less than two-tenths of a percent – $540 out of more than $313,000.

Alvord, Aurora and Lake Bridgeport all had gains of more than 60 percent, but overall, the county total rose only three-tenths of a percent, $2,284.

Wise County’s half-cent sales tax yielded $391,716 in January for a gain of 1.8 percent.

Statewide, 1,144 cities took in nearly $350 million in January, up 6.5 percent compared to January 2012.

Most area counties showed healthy gains: Montague was up 15.7 percent, Denton was up 4.3 percent, Parker was up 4.2 percent and Tarrant County was up 2.4 percent. The big exception was Cooke County (Gainesville) where sales tax collections were down more than 42 percent compared to last January.

The sales tax figures represent November sales reported by monthly tax filers.

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