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Chico sees huge spike in sales taxes

County hits $6M for fiscal year


 

 

Chico Mayor Colleen Self could have sworn Christmas had arrived early this week.

Upon opening the monthly sales tax report from the Texas Comptroller, Self saw her city’s collections had jumped an astounding 834.33 percent with an August payment of $250,090. That is an increase of $223,324 from last year’s payment of $26,766 off the city’s 1.5-cent sales tax.

“It was a real nice surprise,” Self said.

The August report reflects sales from June.

The August payment is more than half of what Chico has collected through the first eight months of the calendar year — $445,989. Of the payment, $227,068 is for past audit collections.

“One of our businesses was audited,” Self said.

The mayor said the additional money will help the city carry out several needed capital improvement projects.

For the fiscal year, Chico has brought in $553,168.

Chico wasn’t the only local entity to get good news from the comptroller this week. The county and all but two cities — Aurora and Runaway Bay — saw an increase in collections compared to August 2021.

Boyd’s sales tax collections more than tripled from $51,760 last August to $170,049 off its 1-cent levy. The Boyd Municipal Development District brought in $82,904 off its half-cent.

Alvord, Bridgeport, Decatur, Lake Bridgeport, Newark, New Fairview and Rhome saw double-digit increases.

Decatur’s collections grew by 11.05 percent from $541,868 to $601,833 off its 1.5-cent tax. The city has brought in an estimated $5.463 million since October.

Bridgeport received $288,006 this month, a 14.48 percent increase from the August 2021 payment of $251,562. Bridgeport’s collections are at $2.72 million for the fiscal year.

Rhome collected $135,847, a 28.72 percent increase from August 2021. Rhome is at $1.252 million for the fiscal year.

Wise County brought in $546,033 off its half-cent levy. It was a slight increase from the August 2021 payment of $544,442.

“It was another excellent month,” said Wise County Judge J.D. Clark.

The payment pushes the county to $6.055 million for the fiscal year.

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