Texas Comptroller Glenn Hegar announced recently that he will send cities, counties, transit systems, and special purpose taxing districts a total of $774.9 million in local sales tax allocations for the month of November.
The amount released by Hegar’s office represents an increase of five percent increase from the sales tax allocations released in November 2016.
The October sales tax allocations report showed a slight dip in monies received by the city of Bullard, while also reporting increases for Cherokee County and Smith County.
The City of Bullard received a total amount of $34,827.57 in November sales tax allocations from the Comptroller’s office, representing a 3.43 percent decrease from the $36,065.03 received by the City in the first 11 months of 2016.
To date, the Comptroller’s office has released a total of $433,480.67 to the city of Bullard, representing a whopping 20.82 percent rise from the $358,754.20 received by the city in November 2016.
Cherokee County received a total amount of $153,780.00 in November sales tax allocations from the Comptroller’s office, representing a 0.86 percent increase from the $152,461.00 the county received in the first 11 months of last year.
Currently, Cherokee County has received a total of $1,620,685.81 from the Comptroller’s office in sales tax allocations, a 0.96 hike from the $1,605,162.87 received by the county in November 2016.
Smith County received a total of $1,513,432.97 in sales tax allocations from the Comptroller’s office, an increase of 3.98 percent from the $1,455,378.28 the county received last November.
From January to November 2017, Smith County has received sales tax allocations in the amount of $16,080,847.01, up 4.11 percent from the $15,445,315.69 received by the county during the same time frame in 2016.
The November sales tax allocation figures released by the Texas Comptroller’s office are based on sales made in the month of September by businesses reporting taxes on a monthly basis, and sales made in July, August and September by quarterly filers.
For more information about the Texas Comptroller’s sales tax allocations, visit www.comptroller.texas.gov/transparency/local/allocations/sales-tax.