City’s sales tax revenue continues to rise
As the Dallas Cowboys finally put together a complete game, Burleson’s sales tax revenue keeps gaining ground.
The city received $175,347 more sales tax revenue in November than it did in the same month last year, according to figures released last week by State Comptroller Glenn Hegar.
Burleson and all nine other Johnson County cities received an increase as Hegar sent Finance Director Rhett Clark $1,744,135, an increase of 11.17 percent more than the $1,568,788 the city received in November of last year, according to Hegar’s figures.
“This is great,” Clark said. “This is our last allocation for fiscal 2017-2018. We killed the last two months. We’re going to finish the fiscal year about $400,000 over budget.”
For the calendar year, Burleson has received $17,021,637 in sales tax revenue, an increase of 8.56 percent more than the $15.6 million it received through November of 2017, Hegar’s report indicates.
The allocations are based on sales made in September by businesses that report tax monthly, and sales made in July, August and September by quarterly filers. The monies are counted in October and distributed in November.
The city budgeted $17 million from sales tax revenue, Clark said.
Burleson’s sales tax is 2 percent. The city receives half of that ($8,500,000 for the general fund) and the other half ($8,500,000) is shared by the Business 4A Economic Development Corporation (called Type A) and the Burleson Community Services Economic Development Corporation (called Type B).
County-wide for November, Alvarado is up 13 percent on revenue of $185,725 compared to $163,789 in November 2017. Briaroaks is up 11 percent on revenue of $1,724 compared to $1,558 in November of last year. Cleburne is in the positive by 8 percent on revenue of $1,094,665, versus $1,015,344 in November 2017. Godley is up a whopping 111 percent on sales tax revenue of $91,799, compared to $43,527 last November.
Grandview is ahead 2 percent on sales tax revenue of $76,419 versus $75,155 last November, and Joshua is ahead a healthy 23 percent on sales tax revenue of $143,381 compared to $116,710 in November 2017.
Keene is up 6 percent after receiving $76,347 compared to $72,111 in November of last year, while Rio Vista increased 21 percent with revenue of $15,615 compared to $12,861 last year, and Venus increased a strong 39 percent on revenue of $71,213 compared to $51,340 last November.
Statewide, Hegar announced he will send cities $535.8 million in local sales tax allocations for November, a 5.6 percent increase over November 2017, he said.