County nears $5M in sales taxes

Wise County is quickly closing in on $5 million in sales tax collections with three months left in the fiscal year.

The county received $571,437 for its June disbursement from the Texas Comptroller, pushing its tally since October to $4.881 million. The county, which has a half-cent levy, has topped $500,000 in collections in five of the six months since January.

The county’s disbursement, which was for sales in April, was up 21.42 percent from June 2021’s $470,598.

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

The county was not alone in seeing collections soar in June. Nine cities had double-digit increases compared with June 2021.

The City of Boyd’s collections doubled, bringing $83,054 off its 1-cent tax. Last year, the city’s June payment was $41,762.

The Boyd Municipal Development District, which collects a half-cent, pocketed $40,589 this month — a 100.77 increase from June 2021.

“That’s good news. Let’s hope they hold up,” said Boyd Mayor Rodney Holmes. “Sales tax allows us to do so many more projects without having to use ad valorem taxes.”

Decatur’s June payment was $492,948 off its 1.5-cent levy. The city had a 4.02 percent increase from June 2021’s $473,876. Since October, Decatur has collected $4.351 million.

Bridgeport’s collections were up 18 percent from June 2021’s $198,270 to $233,960. Bridgeport topped $2 million for the fiscal year at $2.183 million.

Coming off its largest payment to date in May, $134,530, Rhome brought in $127,257 this month. Rhome is at $1.004 million in collections for the fiscal year.

Alvord, Aurora, New Fairview, Newark, Paradise and Runaway Bay all had double-digit gains in June.

Chico and Lake Bridgeport were the only Wise County entities to see sales tax collections drop for June.