Collin College Farmersille Fall

City sales taxes see increase

by | Jul 16, 2015 | Latest

From Staff Reports

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The city of Farmersville receives a sales tax reimbursement check from the Texas State Comptroller this month for $77,001, a 12.0 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 July 2014, the check to Farmersville was $68,750.

This year the city has been reimbursed $506,295, a 7.18 percent increase from the $472,336 million received for the same period in 2014.

Statewide, the comptroller distributed sales tax proceeds to cities totaling $396 million this month, up 4.76 percent from the July 2014 total of $394 million.

So far this year, cities in Texas have received $3.03 billion in sales tax proceeds compared to $2.89 billion in 2014, an increase of 4.76 percent.

Cities in Collin county are reimbursed a total of $19.84 million this month, up 1.79 percent from the $19.49 million received from the comptroller a year ago.

 

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