The Woodlands sales tax revenue rises in February
THE WOODLANDS – The Woodlands experienced a boom in sales tax revenue in February allocations — a 12.5 percent increase from February 2012.
The Woodlands’ sales tax revenue increased from $4.6 million to $5.2 million year-over-year in February. The nearly $600,000 increase comes after the township’s sales tax revenue rose less than a percent in January allocations compared to January 2012 numbers.
Sales tax revenue for other south Montgomery County entities is also on the rise. Allocations rose 8 percent, about $53,000, in February year-over-year in Shenandoah while they rose 3 percent in Oak Ridge North, about $7,000.
Sales tax allocations from February come from sales made during the previous December while January allocations are based on November sales.
For cities and counties, see the Texas Comptroller of Public Accounts.
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