Lufkin, TX — In what could be a sign of an improving economy, Lufkin extended its string of monthly increases in year-to-year sales tax revenue in January, according to a state comptroller report released Wednesday.
Lufkin showed an increase of about 4.6 percent, collecting $1,496,782 compared to $1,431,621 collected in January 2011.
Lufkin has collected $2,499,628 in the first two months of the year, up about 3.7 percent from the $2,410,219 collected in the first two months of 2011.
City Manager Paul Parker said the February allocation, which includes holiday sales and quarterly payments, is usually the largest of the year.
Read the full story here [1].