Burleson sales tax revenue gets hot
As Metroplex temperatures hit triple digits, Burleson’s sales tax revenue continues to improve by double digits.
The city received $134,425 more sales tax revenue in July than it did in the same month last year, according to figures released last week by State Comptroller Glenn Hegar.
Burleson and eight other Johnson County cities received an increase as Hegar sent Finance Director Rhett Clark $1,511,018, an increase of 10 percent more than the $1,376,593 it received in July of last year, according to Hegar’s figures.
“We’re very pleased,” Clark said. “We’re right on target for the year.”
For the calendar year, Burleson has received $10,509,368 in sales tax revenue, an increase of 6.73 percent more than the $9.4 million it received through July of 2017, Hegar’s report indicates.
The city budgeted $17,235,000 from sales tax revenue, Clark said.
Burleson’s sales tax is 2 percent. The city receives half of that ($8,368,000 for the general fund) and the other half ($8,368,000) is shared by the Business 4A Economic Development Corporation (called Type A) and the Burleson Community Services Economic Development Corporation (called Type B).
The allocations are based on sales made in May by businesses that report tax monthly, Hager said. The monies are collected in May, counted in June and distributed in July, he said.
County-wide for July, Alvarado is up 35 percent on revenue of $159,999 compared to $118,375 in July 2017. Briaroaks is up 26 percent on revenue of $1,556, compared to $1,236 last July. Cleburne is in the positive by 27 percent on revenue of $1,049,420, versus $824,847 in July 2017. Godley is up a whopping 155 percent on sales tax revenue of $101,593, compared to $39,836 last July. Grandview is up 6 percent on revenue of $74,084 compared to $69,769 last July, Keene is up 9 percent on sales tax revenue of $68,917 compared to $63,391 last July. Venus increased 63 percent on sales tax revenue of $47,449 compared to $29,160 in July of last year.
Joshua and Rio were the only Johnson County cities to experience a decrease. Joshua received $104,414, a drop of 1 percent from the $105,640 it received in July 2017, and Rio Vista is down 4 percent on revenue of $11,291, compared to $11,773 in July of last year.
Statewide, Hegar announced he will send cities $487 million in local sales tax allocations for July, a 10 percent increase over July 2017, he said.