San Marcos Record, San Marcos, TX

Local News

June 13, 2009

City fares well in new sales tax report

San Marcos — Compared to the state as a whole, the city of San Marcos is faring well when it comes to sales taxes rebated by the State Comptroller’s Office.

Though returns for the month were 3.9 percent lower than a year ago statewide, San Marcos saw a gain of 10.92 percent.

In figures released Friday, Comptroller Susan Combs said the state collected $1.77 billion on sales tax revenue in May, which represents a 5.2 decrease over taxes collected a year ago.

She blamed the continuation of a depressed economy.

“Weakness throughout most sectors of the economy resulted in a significant decrease in May sales tax collections,” she said, adding that in year-to-date payments, revenues are still down .05 percent compared to the first six months of 2008.

Here’s a further breakdown:

• San Marcos: Monthly rebate $1,385,868.03, up 10.92 percent from $1,249,396.64 in May 2008. Year-to-date total is $9,080,555.71, down 2.32 percent from $9,296,371.81 last year. San Marcos’ tax rate is 1.5 percent.

• Buda: Monthly rebate $252,007.01, up 3.99 percent from $242,334.34 in May 2008. Year-to-date total is $1,637,956.98, down 1.28 percent from $1,659.250.76 last year. Buda’s tax rate is 1.5 percent.

• Dripping Springs: Monthly rebate $62,208.52, down 10.5 percent from $69,533.70 in May 2008. Year-to-date total is $361,726.81, up 7.64 percent from $336,047.62 last year. Dripping Springs’ tax rate is 1.25 percent.

• Hays City: Monthly rebate $899.53, down 39.10 percent from $1,477.26 in May 2008. Year-to-date total is $6.925.69, down 13.71 percent from $8.026.83 last year. Hays City’s tax rate is one percent.

• Kyle: Monthly rebate $191,340.72, up 5.13 percent from $181,922.68 in May 2008. Year-to-date total is $1,260,650.68, up 15.73 percent from $1,089,225.54 last year. Kyle’s tax rate is 1.5 percent.

• Mountain City: Monthly rebate $263.45, up 1.21 percent from $260,30 in May 2008. Year-to-date total is $2,190.69, down 2.64 percent from $2,250.31 last year. Mountain City’s tax rate is one percent.

• Niederwald: Monthly rebate $1,873.87, up 3.96 percent from $1,802.38 in May 2008. Year-to-date total is $10,962.52, up 2.26 percent from $10,720.09 last year. Niederwald’s tax rate is one percent.

• Uhland: Monthly rebate $3,394.25, up 31.90 percent from $2,573.29 in May 2008. Year-to-date total is $18,699.10, up 27.24 percent from $14,695.38 last year. Uhland’s tax rate is 1.5 percent.

• Wimberley: Monthly rebate $40,090.32, down 2.21 percent from $40,999.94 in May 2008. Year-to-date total is $304,045.70, up 9.13 percent from $278,604.25 last year.

Text Only
Local News
House Ads
Business Marquee
AP Video
Authorities: Houston Found Underwater in Tub Arm Wrestler Not Guilty Plea in Wife's Death Raw Video: Houston Body Flown From L.A. to N.J. First Person: Westminster Kennel Club Dog Show Obama's New Budget: The Winners and Losers Gregoire: Marriage Equality Is Right for Wash. Bacteria Keep Swimmers Off Some Fla. Beaches Police: Houston Found Under Water, Unconscious Sandusky Can See Grandkids, Have Local Jury Obama Unveils $3.8 Trillion Budget Raw Video: Israeli Embassy Car Attacked Coroner: Don't Know Houston's Cause of Death Yet Valentine Greetings Sent Worldwide From Loveland Greek Austerity Measures Spark Riots Raw Video: Obama Budget Goes to Capitol Hill Arab League Wants U.N. Help in Syria Nordic Festival Puts North Korea in Spotlight 'Rumor Has It' Adele's Rolling in the Grammys Grohl, Grammy Nominees Cut Up on the Red Carpet Greece Passes New Austerity Deal Amid Rioting
Community Calendar
Loading…
Events by eviesays.com
Twitter Updates
Follow me on Twitter
Facebook
Video
Seasonal Content