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Sales tax revenue rises

by | Jun 24, 2015 | Latest

From Staff Reports

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The city of Wylie receives a sales tax reimbursement check from the Texas State Comptroller this month for $645,704, an 11.22 percent increase from a year ago.

Reimbursements to Texas cities were distributed by the comptroller this month for taxes collected on retail sales made in April.

In June 2014, the check to Wylie was $580,546.

For the first half of this year, the city has been reimbursed $4.3 million, a 15.29 percent increase from the $3.7 million received for the same period in 2014.

Statewide, the comptroller distributed sales tax proceeds to cities totaling $409.5 million in June, up 5.42 percent from the June 2014 total of $404.6 million.

So far this year, cities in Texas have received $2.6 billion in sales tax proceeds compared to $2.5 billion in 2014, an increase of 5.42 percent.

Cities in Collin County are reimbursed a total of $20.4 million this month, up 9.89 percent from the $18.6 million received from the comptroller a year ago.

Collin Fall 2025

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