As both area cities and the county look to sales tax revenue to augment their annual budget and allow them to keep tax rates low, they all received good news this month from Texas Comptroller Glenn Hegar.
The comptroller is sending cities, counties, transit systems and special purpose taxing districts $820.5 million in local sales tax allocations for December, 7.8 percent more than in December 2018.
Boerne’s revenue continues to climb as the city received 13.4 more this year than last December – $707,734 compared to $624,054 in 2018. For the year to date, the city is 13.27 percent ahead of 2018 at almost $7.8 million compared to nearly $6.9 million last year.
Meanwhile Fair Oaks Ranch’s revenue for the month grew a whopping 36.25 percent, earning $85,609 this year compared to the $62,829 received for the same month in 2018. For the year, FOR has received $877,360, compared to $739,340 in 2018, or 18.66 percent ahead.
Kendall County’s $347,738 is 15.95 percent ahead of 2018’s $299,903. The county’s 2019 total is more than $3.8 million, compared to $3,47 million in 2019 – a 10.33 percent gain.
These allocations are based on sales made in October by businesses that report tax monthly.