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City sales tax revenues inch up for April

Cove Leader-Press
The state comptroller’s office has released its sales tax revenue report for the month of April, and the city of of Copperas Cove will be seeing a slightly higher check compared to April 2014. Copperas Cove will receive a sales tax rebate for of $321,979.94, which is up 1.51 percent from the $317,188.55 it received in April 2014, according to the monthly report released Wednesday by state comptroller Glenn Hegar. Sales tax revenue overall for the city in 2015 is up 3.21 percent at $1,385,641.05, compared to the $1,342,456.66 the city had received by this time last year. Gatesville’s sales tax rebate amounts to $146,415.19, up 7.14 percent from last April’s $136,654.45 and overall up 5.63 percent from 2014. Coryell County total receipts this month is $469,027.96, which is up 3.24 percent from $454,285.08. Overall Coryell County is up 3.93 percent for the year compared to 2014. Hegar said that state sales tax revenue in March was $2.12 billion, up 1.5 percent compared to March 2014. “State sales tax collections have now grown for 60 consecutive months despite weakening in the energy sector. This moderated growth was expected and is currently in line with estimates presented in January,” Hegar said. “Receipts in the construction, services and restaurant sectors remained relatively strong. We will continue to monitor the state’s economic activity and its impact on key revenue sources.” Hegar will send cities, counties, transit systems and special purpose taxing districts their April local sales tax allocations totaling $576.6 million, up 4 percent compared to April 2014. Lampasas County is receiving a total of $129,482.00, up 3.84 percent from $124,926.96 it received in April 2014, with sales tax rebates in the county up 3.89 percent for 2015 overall. Kempner is receiving $9,811.58 in sales tax rebates, a slide downward of 7.49 percent from $10,606.12 it received in April 2014. However, Kempner is up 7.26 percent overall for 2015. The city of Lampasas is up 4.65 percent from April 2014, receiving $115,128.49 compared to last April’s amount of 110,009.86. Bell County’s tax rebates totaled $3,965,947.47, a 3.62 percent increase from $3,827,077.81 it received in April 2014. Bell County’s rebates are up 6.75 percent compared to last year overall. Killeen’s sales tax revenue amount is $1,646,436.93, up 3.85 percent from last April at $1,585,265.60, and up 7.67 percent overall for 2014. Harker Heights continues to see an increase in sales tax revenue, up 11.5 percent with rebates totaling $489,189.42, up from last April’s $438,696.92. Harker Heights’ totals are up 10.52 percent for 2015. Belton will receive $323,530.74 in sales tax rebates, up 1.74 percent from the $317,970.02 it received in April 2014. Belton is up 7.39 percent for 2015. The state of Texas is issuing $374,258,186.89 in city sales tax rebates, up 3.28 percent from the $362,352,378.11 it issued in April 2015. City sales tax rebates across the state are increased 6.42 percent for 2015 overall.

Copperas Cove Leader Press

2210 U.S. 190
Copperas Cove, TX 76522
Phone:(254) 547-4207