Burleson’s sales tax revenue continue to rise by 17.3 percent
As Mother Nature brings refreshing and surprising rains to the Metroplex, Burleson’s sales tax revenue continues to grow strong.
The city received a healthy $269,998 more sales tax revenue in August 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 $1,830,118, an increase of 17.30 percent more than the $1,560,120 it received in August 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 $12,339,486 in sales tax revenue, an increase of 8.18 percent more than the $11.4 million it received through August 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 June by businesses that report tax monthly, and sales made in April, May and June by quarterly filers. The monies are counted in July and distributed in August.
County-wide for August, Alvarado is up 9 percent on revenue of $195,837 compared to $179,343 in August 2017. Cleburne is in the positive by 14 percent on revenue of $1,143,560, versus $1,005,674 in August 2017. Godley is up an impressive 61 percent on sales tax revenue of $64,691, compared to $40,181 last August. Grandview is up 10 percent on revenue of $106,931 compared to $97,117 last August, Joshua is just barely ahead (0.40 percent) on sales tax revenue of 108,162 compared to $107,731 in August 2017, and Keene is up 9 percent on sales tax revenue of $78,073 compared to $71,314 last August.
Rio Vista increased a strong 26 percent on revenue of $14,611 compared to $11,595 last August, and Venus increased 32 percent on sales tax revenue of $67,838 compared to $51,398 in August of last year.
Briaroaks was the only Johnson County city to experience a decrease. It received $1,655, a drop of 5 percent from the $1,746 it received in August 2017.
Statewide, Hegar announced he will send cities $547 million in local sales tax allocations for August, a 7.9 percent increase over August 2017, he said.