The Herald Banner, Greenville, TX

Local News

June 13, 2013

Cash registers still humming along

Local merchants received a little bit more revenue in April than they did during the same month last year.

Sales tax rebates collected by the City of Greenville during the month rose slightly from the totals seen during April 2012.

The year-to-date figures also continue to reflect a significant increase when compared to one year ago, according to a report issued Wednesday by the Texas Comptroller’s Office.

The City of Greenville received a June sales tax payment of $469,772.29, representing an increase of 2.96 percent from the $456,266.68 the city received during June 2012.

The totals were also higher than the  $422,495.79 received in June 2011 and the $453,509.92 taken in 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 $3.08 million in sales tax rebate revenue, an increase of 8 percent from the $2.85 million collected through June of last year.

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

1
Text Only
Local News
Featured Ads
Photos


See more photos and purchase prints here.

Poll

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

Yes
No
Who knows with Jerry Jones as owner?
     View Results
Facebook
AP Video
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 UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins
Must Read
Hyperlocal Search
Premier Guide
Find a business

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