It’s not meteoric, but sales tax revenue continues to trend upward for Wise County and the rest of Texas.
June numbers released by the State Comptroller’s office Wednesday show Texas cities are 6.5 percent ahead of last year at the mid-year point. Statewide, 1,147 cities that collect a sales tax have taken in more than $2.33 billion through the first half of 2013.
Closer to home, Wise County’s 12 sales-tax-collecting cities have reaped nearly $4.5 million through the sales tax so far this year – up a modest 2.87 percent over 2012.
But the gain is widespread. Through six months the only cities trailing last year were Bridgeport and Chico – and both showed improvement in June compared to the same month in 2012, indicating they are digging out of the hole.
The City of Bridgeport, with $1,565,590, is $64,000 behind last year. But in June, the city picked up nearly $14,000 over last June to narrow the gap to just under 4 percent.
Chico through June was just over $30,000 behind last year – proportionately a much deeper hole of 20 percent. But Chico, too, showed signs of catching up in June with a payment almost $1,000 more than the same period the previous year.
Decatur, Rhome, Newark and Aurora all showed declines in June compared to the previous year, but remained in the black for the year with gains ranging from Decatur’s 2.68 percent to 47 percent in Lake Bridgeport.
Statewide, cities’ collections were up 8.2 percent in June and are running nearly 6.6 percent ahead for the year.
Wise County, which collects a half-cent sales tax to help offset property tax increases, took in $446,280 in June to beat last June by 1.2 percent. For the year, the county remains about 5 percent behind with $2.5 million collected.