April sales tax revenue sets record for local area
April was a record month in sales tax allocations for the City of Kingsville, and Kleberg County saw its highest totals in four years, according to figures released Wednesday by the Texas Comptroller’s office.
Sales tax revenue for Kingsville in April was $318,501.79, an increase of $34,824.55 from the same time last year. That total is the highest April allocation in the city’s history.
However, total allocations for the first four months of this year, $1,377,928.64, are still lower than during the same period last year, $1,497,595.59.
Kleberg County received $131,775.80 in sales tax revenue for the month of April, up slightly from last year’s $129,191.08 in that same month. The allocation received this month is the highest April total since 2008.
During the first four months of this year, Kleberg County has received $579,544.59 in sales tax allocations, which is lower than the $653,147.12 gained during that same period last year.
The City of Bishop also saw a record April, with the $16,096.84 received being the highest April allocation in the city’s history. The $65,068.17 in sales tax revenue for the first four months of 2012 has put the city on track for a record year.
Allocations in 2008, which holds the record for the most annual sales tax revenue in the city’s history, totaled $191,643.83. During the first four months of that year, sales tax allocations totaled $62,651.30.
The City of Driscoll received $3,444 in sales tax allocations for the month of April, up slightly from the same time last year. Total sales tax revenue so far this year is $15,358.13.
The City of Petronila was the only entity that saw a lower April total compared to the same month last year, with allocations totaling $237.37. So far, the city has received $1,409.08 in sales tax revenue.
Sales tax figures for April represent monthly sales made in February.
Texas Comptroller Susan Combs on Wednesday said that state sales tax revenue in March was $1.87 billion, up 16.9 percent compared to March 2011.
“The latest sales tax revenue numbers mark a continuation of recent trends we have seen in sales tax receipts,” Combs said in a prepared statement. “Strong collections continued in oil and gas-related sectors, while growth in revenue from the retail sector and restaurants also accelerated.”
Combs will send April local sales tax allocations totaling $488.7 million to cities, counties, transit systems and special purpose taxing districts, up 17 percent compared to April 2011.