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San Marcos began 2020 with a decrease in sales tax allocation.
The city, which has a 1.5% sales tax rate, saw a 7.43% decrease from January 2019 to this year. San Marcos received a $3,955,939.05 sales tax allocation from the state comptroller’s office this year but had a $4,273,777.60 allocation last year.
Eight of the nine other municipalities in Hays County saw allocation increases during this period.
Mountain City received the largest allocation jump this period at 81.62% from last year. Mountain City, which has a 1% sales tax rate, received an allocation of $2,030.62 an increase from $1,118.03 last year.
Niederwald, which also has a 1% sales tax rate, had an allocation of $5,289.83, which is a 54.25% rise from last year’s $3,429.30.
Wimberley saw the third largest increase in the county at 29.18%. Wimberley, which has a 1% sales tax rate, had an allocation of $77,741.15 this period, while it saw an allocation $60,176.18 at this time last year.
Kyle and its 1.5% sales tax rate had an allocation of $728,242.35 this period — a rise from $598,595.74 this time last year.
Buda received a 22.17% allocation increase during this period. Buda, which has a 1.5% sales tax rate, brought in a $638,932.81 payment this period — a jump from $522,979.40 last year.
Dripping Springs, with its 1.25 % sales tax rate, tallied a 19.54% increase in sales tax allocation after receiving $245,258.59 this period compared to last year’s $205,151.56.
Woodcreek at its 1% sales tax rate amassed an allocation of $6,054.07 this period an 18.36% increase from last year’s $5,114.94 allocation.
Uhland was the final county municipality to see an increase at 4.14%. Uhland, which has a 1.5% sales tax rate, received a $15,270.07 allocation this period compared to last year’s $14,661.75 allocation.
The City of Hays saw a 36.95% decrease this year. Hays, which has a 1% sales tax rate, had a $1,040.52 allocation this period, while last year it had an allocation of $1,650.36.
According to Comptroller Glenn Hegar, his office sent $763.8 million in local sales tax allocations for January, which is 4 percent more than in January 2019. These allocations are based on sales made in November by businesses that report tax monthly.
