Texas Comptroller Glenn Hegar announced recently that he will send cities, counties, transit systems, and special purpose taxing districts a total of $660.4 million in local sales tax allocations for the month of October.
The amount released by Hegar’s office represents a 1.6 percent increase from the sales tax allocations released in October 2016.
The October sales tax allocations report showed increases for the city of Bullard and Smith County, while also reporting a slight dip in monies received by Cherokee County.
The City of Bullard will receive a total amount of $39,499.14 in October sales tax allocations from the Comptroller’s office, representing a sizable 23.16 percent increase from the $32,068.91 received by the City in the first 10 months of 2016.
To date, the Comptroller’s office has released a total of $398,653.10 to the City of Bullard, representing a 23.54 percent rise from the $322,689.17 received by the city in October 2016.
Smith County will receive a total of $1,463,201.40 in sales tax allocations from the Comptroller’s office, representing a 9.39 percent increase from the $1,337,543.24 the country received last October.
From January to October 2017 Smith County has received sales tax allocations in the amount of $14,567,414.04, up 4.12 percent from the $13,989,937.41 received by the county during the same time frame in 2016.
Cherokee County will receive a total amount of $131,812.05 in October sales tax allocations from the Comptroller’s office, representing a 2.28 percent drop from the $134,900.64 the county received in the first 10 months of last year.
Currently, Cherokee County has received a total of $1,466,905.81 from the Comptroller’s office in sales tax allocations, a slight rise of 0.97 percent from the $1,452,701.87 received by the county in October 2016.
The October sales tax allocation figures released by the Texas Comptroller’s office are based on sales made in the month of August by businesses reporting taxes on a monthly basis.
For more information about the Texas Comptroller’s sales tax allocations, visit www.comptroller.texas.gov/transparency/local/allocations/sales-tax.