Texas Comptroller Glenn Hegar announced recently that he will send cities, counties, transit systems and special purpose taxing districts $710.4 million in local sales tax allocations for June.
The report released by the Texas Comptroller’s office stated the figures released for June represent an 11 percent increase from the amount released statewide in 2017.
Included in the monthly sales tax allocation report from the Comptroller’s office were increases for the city of Bullard, Smith County, and Cherokee County compared to last June’s numbers.
The city of Bullard received a total of $34,115.14 in June sales tax allocations, representing a 2.23 percent increase from the $33,368.07 the city was given back during the first half of the 2017 calendar year.
So far in 2018, the Texas Comptroller’s office has paid a total of $230,974.38 to the city of Bullard in sales tax allocations, which is a drop of 5.23 percent from the $243,727.13 taken in by the city in the same timeframe in 2017.
Additionally, the Texas Comptroller’s office sent Smith County its sales tax allocations for the sixth month of the year, totaling $1,475,575.40, which is a 10.10 percent uptick from the amount of $1,340,151.30 received by Smith County last June.
Currently in 2018, Smith County has received sales tax allocations in the amount of $9,190,709.59, an increase of 6.00 percent from the $8,670,314.85 given back by the Texas Comptroller within the first six months of last year.
The report also indicated that Cherokee County received a total of $143,944.40 in funds from the Texas Comptroller’s sales tax allocations for the month of June, a rise of 5.78 percent from the payment of $136,078.52 received by the county in June 2017’s report.
Cherokee County has been paid a total of $864,456.10 in sales tax allocations in the first six months of the 2018 calendar year, representing a slip of 1.15 percent from the payment of $874,588.63 the county received from January to June 2017.
The June sales tax allocations released by the Texas Comptroller’s office are based on sales made in April by businesses that report taxes monthly.
For more information about the Texas Comptroller’s sales tax allocations, visit www.comptroller.texas.gov/transparency/local/allocations/sales-tax.