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Rhome sees big jump in sales tax collections

By Richard Greene | Published Saturday, November 17, 2018
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Sales Tax

At their last meeting, the Rhome City Council directed its city attorney to draft paperwork to create an economic development corporation to take advantage of its recent growth in sales tax collections.

Rhome received more good news on that front this week with another big surge in sales tax receipts. According to the November report from the Texas Comptroller, which reflects September sales, the city received $67,076.39 in tax receipts. That is more than an $11,000 increase from the month before and almost $18,000 more than the $49,257 collected from September 2017 sales – a 36.17 percent increase.

In the first two months of the fiscal year, Rhome has collected $123,070.

“It’s definitely going to help,” said Rhome Mayor Michelle Pittman di Credico. “We’ve seen an increase in the last several years.

“Our main goal with the EDC is to earmark some money for economic development for some things we’ve been wanting to take care of.”

Rhome was one of four cities in the county – Chico, Aurora and New Fairview – to see a double-digit percent increase in collections compared to tax receipts from September 2017.

Chico had the largest jump, with sales tax receipts more than doubling the total from the same month of the previous year, bringing in $43,893. It collected $19,228 from September 2017 sales.

Decatur’s collections increased by more than $20,000, hauling in $385,980. It had $365,012 in September 2017.

“It’s just a continuation of the robust retail in the city,” said Decatur City Manager Brett Shannon. “It was a good solid month. I hope it continues. With holidays coming, I’m anxious to see how the next few months go.”

Off sales from November 2017 to September 2018, the city has collected $4.2 million.

Decatur has collected $720,658 in the first two months of the fiscal year with one-third of that amount headed to the economic development corporation.

Bridgeport brought in $145,578, which was down $10,000 or 6.87 percent from the $156,327 in September 2017. Year-to-date, Bridgeport’s collections are at $1.98 million.

Wise County’s collections on its half-cent of sales tax was $360,051 – down 1.16 percent from September 2017’s $364,310.

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