Four months into 2013, every city in Wise County except Chico and Bridgeport is seeing an increase in sales tax revenue.
All the cities except Aurora get 1.5 cents on every dollar of qualified sales within their city limits. Aurora’s sales tax is just 1 cent.
Chico’s 18.2 percent drop totals $18,579 – a significant amount of revenue for the small city. After collecting $101,743 through four months last year, the city has taken in just $83,164 so far in ’13.
In Bridgeport, there’s less cause for concern as the city’s collections are off just over 1 percent.
All of that $11,341 fall-off came in April, as the city had a nearly $15,000 drop in the April figures, from $260,104 last year to an even $245,000 this year.
The other 10 cities in the county have gains for 2013, ranging from 5.7 percent in Decatur and Runaway Bay to nearly 59 percent in Lake Bridgeport.
Decatur’s outstanding April saw collections of $327,149 – up 12.44 percent from last April’s $290,932. That brought the city total to $1,355,726 for the year.
Rhome and New Fairview also made it into six figures by April, with $127,980 and $121,250 respectively.
Boyd and Chico sit at $84,257 and $83,164 respectively, while Alvord ($43,731), Paradise ($34,241), Runaway Bay ($18,549). Aurora ($9,429) and Lake Bridgeport ($5,220) are all in the black for the year.
The county’s half-cent sales tax has brought in $1,555,199 so far this year – down just over 5 percent compared to last year’s $1,639,366.
Statewide, Texas Comptroller Susan Combs sent cities, counties, transit systems and special purpose taxing districts April allocations totalling $521.9 million, up 6.8 percent compared to April 2012.
“Sales tax revenue growth was seen in both the business and consumer sectors of the economy,” Combs said. “Collections grew in sectors such as manufacturing and retail trade. Sales tax revenue has now increased for 36 consecutive months.”
The sales tax figures represent February sales reported by monthly tax filers.
The surrounding counties of Denton, Jack, Montague and Parker are all experiencing growth in 2013 as well, from Parker’s 2.27 percent gain to 3.87 percent in Denton, 10.2 percent in Jack and 24.5 percent in Montague.