Tax receipts up for state, down for Nac
POSTED: Thursday, May 10, 2012 - 11:00am
UPDATED: Thursday, May 10, 2012 - 11:14am
Nacogdoches, Texas — The May sales tax allocations for Nacogdoches and the Nacogdoches County Hospital District were down, according to information released Wednesday by Texas Comptroller Susan Combs.
But for Texas as a whole, the numbers were up, just as they have been for the past 25 months. Combs reported that state sales tax revenue in April was $2.07 billion, up 10.9 percent compared to April 2011.
“Sales tax revenue has now increased for 25 consecutive months. Recent strength in sales tax collections continued in both business and consumer spending categories,” Combs said. “Growth was led by the oil and natural gas-related sectors, while significant gains also came from retail trade and restaurants.”
But for the city of Nacogdoches, the May payment of $543,300 was 10.05 percent less than last year’s payment of just over $600,000 for the same period. And that decrease was not anticipated by city administration.
“That’s a surprise,” City Manager Jim Jeffers said.
The drop was a far cry from the 14.18 percent increase the city saw in April compared to the same period in 2011.
Read more from the Nacogdoches Daily Sentinel here.