The Herald Banner, Greenville, TX

Local News

June 12, 2014

City sees big gain in monthly sales tax revenue

GREENVILLE — The registers at local businesses must have been ringing loudly this spring.

Sales tax rebates collected by the City of Greenville during April reflected a huge increase from the totals seen one year earlier.

The year-to-date figures also represent an increase when compared to 12 months ago, according to a report issued Wednesday by the Texas Comptroller’s Office.

The City of Greenville received a June sales tax payment of $531,936.90, representing an increase of 13.23 percent when compared to the $469,772.29 collected in June 2013. The city took in $456,266.68 in sales tax rebate revenue during June 2012, $422,495.79  in June 2011 and $453,509.92 during June 2010.

The June sales tax rebate payments represent the city’s portion of sales taxes collected at Greenville businesses in April and reported to the Comptroller’s office in May.

Sales taxes are one of the two main sources of revenue, along with property taxes, which feed the city’s general fund. A rededication of a percentage of the sales tax revenue goes toward the 4A economic development corporation.

So far this fiscal year, the City of Greenville has received $3.15 million in sales tax rebate revenue, representing an increase of 2.41 percent from the $3.08 million collected through June one year ago.

The City of Greenville received $2.85 million through June 2012, almost $2.8 million through June 2011 and $2.9 million through June 2010.

Text Only
Local News
Featured Ads

See more photos and purchase prints here.


Does Dallas head coach Jason Garrett need for the Cowboys to make the playoffs during the 2014 football season to keep his job?

Who knows with Jerry Jones as owner?
     View Results
AP Video
US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming Traditional African Dishes Teach Healthy Eating
Must Read
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Reader's Choice