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Longview sales tax revenues set recordLongview sales tax revenues set recordhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=87642012-12-14T14:06:00Z2012-12-13T00:00:00Z

LONGVIEW - Sales tax revenues for Longview, Gregg County and a number of East Texas cities took a big turn in a positive direction this month.

Longview’s monthly sales tax revenues, up 19 percent from a year ago, set a record for the month. The city’s revenue was up more than $415,000 compared to December 2011, while Gregg County’s revenues were up 13 percent, or $159,000.

Longview will be receiving $2.594 million in sales tax revenues for the month, up from the $2.179 million it received a year ago.

Longview December sales tax comparisons
Year Distribution
2012 $2.594 million
2011 $2.179 million
2010 $2.210 million
2009 $1.968 million
2008 $2.590 million
2007 $2.042 million
2006 $1.849 million
2005 $1.696 million
2004 $1.429 million

 

Sales tax revenue comparisons
City Increase from
Dec. 2011
Kilgore 25.24%
Gladewater 24.59%
Longview 19.06%
White Oak 16.93%
Tyler 10.46%
Henderson 10.26%


December revenue to cities and counties is based on taxes collected in October, reported to the Texas Comptroller’s Office in November with the local share disbursed back to cities and counties in December.

State sales tax revenue in November was $2.34 billion, up 13.1 percent compared to a year ago.

Longview News Journal
Longview
Economy
http://www.news-journal.com/news/local/longview-sales-tax-revenues-set-record-up-from-year-ago/article_3e693ae0-0bfe-544d-a0e7-4e89ff886107.htmlRead more at {Source}

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