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Sales taxes slump in August

By Bob Buckel | Published Saturday, October 11, 2014
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When it comes to sales tax collections, most Wise County cities have had a pretty good year through three quarters of 2014.

But August was not a terrific month.

When October sales tax figures were released this week, only three of the county’s 12 cities showed a gain over last year. The October sales tax represents sales made in August and reported to the Comptroller on September returns.

The down month left eight cities still in the black for the year, but it put Decatur and the total just below the line.

Decatur took in $310,632, down 9.2 percent compared to last year. The city’s 10-month total of $3.392 million is less than a quarter-percent below last year’s $3.4 million.

Bridgeport’s October check was down 9.5 percent and left the city 5.3 percent behind last year.

Aurora had the biggest loss, percentage-wise, with a 79 percent reduction from last year’s $14,370 to $2,960 this year. That city is 25 percent behind 2013.

Not far behind was New Fairview, which saw October income plummet from $46,692 last year to $16,817 this year – a 64 percent dropoff that left the city 15.7 behind last year through 10 months.

Rhome was up 11 percent in October, Alvord had a gain of 10.8 percent and Boyd’s collections were up 9.7 percent.

Wise County, which gets a half-cent sales tax, saw a 5 percent decline in October.

Statewide, cities, counties, transit systems and special purpose taxing districts’ October allocations totaled $621.7 million, up 7.2 percent compared to October 2013. For the year they’re up 6.4 percent.

Sales Tax October 2014

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