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Manor's retail boom drives 148 percent tax revenue growthManor's retail boom drives 148 percent tax revenue growthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=35512014-07-23T12:35:00Z2014-07-23T00:00:00Z

MANOR, TRAVIS COUNTY - With sales tax allocations for two months still to come this fiscal year, Manor has already brought in $555,280 — $50,000 more than in all of 2013.

For July alone, the city’s sales tax allocation was up 148 percent, growing from $31,364 in 2013 to $77,804 this year. The sales tax revenue Manor expects to receive this fiscal year is on track to double the $331,808 it took in during fiscal 2010.

A recent burst of commercial development has given the Manor area a number of new shops and restaurants — including a Walmart Supercenter — and more businesses are on the way, according to developers and city leaders.

The new Manor Expy., which largely runs parallel to US 290, makes it easier to get between Austin and Manor, making the area more appealing and contributing to the city’s growth, according to local developer Pete Dwyer.

See the Texas Comptroller of Public Accounts for more information.

Austin American-Statesman
Austin-Round Rock
Economy
http://www.mystatesman.com/news/business/retail-boom-boosts-sales-tax-revenue-for-manor/ngksz/#64bc7c66.3559922.735437Read more at {Source}

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