NEWS HEADLINES

Decatur brings in additional $218K in sales taxes

By Richard Greene | Published Saturday, January 13, 2018
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Sales tax

The city of Decatur received a nice surprise this week with a nearly $218,000 jump in sales tax receipts for November 2017 from the same month of the previous year.

According to the January report from the Texas comptroller, the city was doled out $543,892.01 for sales taxes levied in November. The report had the city receiving $325,839.55 for sales in November 2016, meaning it was a 66.92 percent jump.

Decatur City Manager Brett Shannon was cautiously optimistic about the increased revenue, which included approximately $200,000 in audit collections category.

“We’re taking a cautious approach with the extra money that showed up,” Shannon said. “It’s an extraordinary amount in the audit collections. I’ve never seen it that high. We’re going to take a wait and see approach to make sure we get to keep it.”

The previous month, Decatur brought in $324,626.52.

Decatur was one of several cities in Wise County to see a nice bump in sales tax revenue in November.

Bridgeport’s receipts jumped 8.78 percent from the 12 months before, going to $155,238.47 from $142,696.01. The city saw a nearly $20,000 jump from the $136,590.27 brought in during October.

Bridgeport City Manager Jesica McEachern was unaware of the city receiving additional revenue due to an audit and was hopeful it was from increased business activity.

“We hope the numbers continue trending up,” McEachern said.

Bridgeport held a successful Small Business Saturday event the weekend following Thanksgiving. MaryBeth Holder of the Bridgeport Chamber of Commerce said merchants had approximately $16,000 in sales during the event.

“It was a great day. We handed out 200 passports,” Holder said. “That helped bring sales up.”

Wise County and seven cities – Boyd, Decatur, Lake Bridgeport, New Fairview, Paradise, Rhome, and Runaway Bay saw double-digit increases from November 2016. Wise County brought in $321,493.74 in November – a $44.817.67 increase from a year ago.

Rhome and Lake Bridgeport saw the most significant jumps. Rhome’s sales taxes rose 94.7 percent from $31,401.41 to $61,139.42. Lake Bridgeport experienced a 95.69 percent spike from $658.49 to $1,288.66.

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