{{titleBar.title}}

{{titleBar.tagline}}

 

 

Bell County tax receipts rise 16 percentBell County tax receipts rise 16 percenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=87602012-12-14T07:02:00Z2012-12-13T00:00:00Z

BELL COUNTY - December sales tax receipts — which are based on October sales — increased almost 16 percent in Bell County compared to last year, figures released by the Texas comptroller’s office show.

Bell’s largest cities — Temple, Belton, Killeen and Harker Heights — all had double-digit gains compared to December 2011. Temple has seen declines in only two of the last 27 months, according to Traci Barnard, the city’s finance director.

Temple increased 19.30 percent to $1.39 million, up more than $225,000 from $1.17 million in December 2011. Year to date, Temple is up 6.39 percent over last year.

About 48 percent of Temple sales taxes are collected through retail sales. Nineteen percent are generated by services including utilities, construction, transportation and other service providers.

Belton had a monthly increase of 17.44 percent and 10.57 percent year to date.

Other cities experiencing gains were Harker Heights, 12.33 percent; Holland, 6.08 percent; Killeen, 14.41 percent; Little River-Academy, 18.59 percent; Morgan’s Point Resort, 35.06 percent; Rogers, 12.38 percent; and Salado, 17.07 percent.

Statewide, sales tax allocations to cities were up 14.2 percent while year-to-date payments increased 8.2 percent. The comptroller’s office sent $552 million in sales tax allocations to cities, counties and other special districts this month. That is an increase of 15.5 percent compared to December 2011.

For cities and counties, see the Texas Comptroller of Public Accounts.

Read more at the Temple Daily Telegram.

Temple Daily Telegram
Killeen-Temple
Economy
http://www.tdtnews.com/index/news/show/95189Read more at {Source}

 Search NewsTalk Texas