City’s sales tax revenue continues to climb
By LYNETTE SOWELL
A monthly sales tax revenue check for $367,891.02 will soon be on its way to the City of Copperas Cove for July 2017, up 14.55 percent compared to the $321,153.96 the city received in July 2016, according to the report released Wednesday from the office of state comptroller Glenn Hegar.
Hegar’s office is sending cities, counties, transit systems and special purpose taxing districts $679.9 million in local sales tax allocations for July, 9 percent more than in July 2016. These allocations are based on sales made in May 2017 by businesses that report sales tax monthly.
Overall for the city of Copperas Cove, monthly sales tax revenue is up 6.69 percent overall for 2017, with a year-to-date total of $2,604,060.61, an increase of $163,317.67 in sales tax revenue compared to 2016.
Gatesville’s sales tax revenue for the month is $$172,090.51, up 12.63 percent from last July’s $152,785.30, and overall up 4.69 percent compared to 2016.
In Lampasas County, Kempner is receiving $9,729.69 in sales tax revenue, down 17.15 percent from the $11,744.10 it received in July 2016. Kempner is down 0.95 percent for 2017 compared to 2016. The city of Lampasas’ sales tax revenue is $147,547.13 for July 2017, up 7.87 percent from the $136,774.67 the city received in July of last year.
The July 2017 sales tax revenue for Killeen is $1,693,787.82, up 3.38 percent compared to last July and up 3.29 percent overall for 2017.
Harker Heights saw an increase of 6.64 percent with sales tax revenue totaling $522,713.41, compared to last July’s $490,13239. For 2017, Harker Heights’ sales tax revenues are up 0.18 percent. Belton will receive $367,269 in sales tax rebates, up 5.92 percent from the $346,720.62 it received in July 2016. Belton is up 2.35 percent overall for 2017, compared to 2016.