Sales tax returns up post election
The first sales tax numbers to include taxes on the sale of alcohol in Chandler and surrounding cities were released last week by Texas Comptroller Susan Combs.
Several area cities will see an increase in sales tax revenues while the numbers did not favor others. Chandler was among those that received less from sales tax this month than in March, 2012.
However, City Administrator Jim Moffeit said, Chandler received an $8,000 one-time allocation last March to push the number to $39,921.86.
Reducing the 2012 figure by $8,000, the total of regular sales tax was $31,921.86.
Alcohol sales started Dec. 20, 2012 in Chandler and January was the first full month of sales. Local businesses have reported an increase in sales during the period and the sales tax revenue supported their comments.
According to the numbers released by the comptroller’s office, Chandler this month will receive a payment of $34,504.03 for January sales. That is an 8.09 percent increase from $31,921.86 last year. Including the $8,000 onetime payment in last year’s numbers reflects a 13.57 decrease in revenue for the city.
Chandler received $29,338 in March 2011, $28,247 in March 2010 and $29,763 in March 2009.
Removing that one-time payment from 2012 numbers, year-do-date, Chandler is posting a 6.06 percent increase over last year; with that payment included, the city is posting a 1.18 percent decrease. Chandler has received $115,735.04 in payments through March compared to $117,119.80 through the same period last year, including the $8,000 onetime payment.
A study conducted by economist Ray Perryman estimated Chandler would receive $146,109 in new sales tax revenues with the sale of beer and wine in the city. This would represent a 32.7 percent increase from 2011 sales tax revenues ($435,807) while not factoring in increased property tax revenues from any new construction that might follow. Chandler’s 2012 sales tax revenues were $473,709, an 8.7 percent increase from 2011.
Two Chandler businesses are undergoing renovation projects due to the alcohol sales while plans are in the works for at least two others to begin new construction in the upcoming months.
Statewide, Combs said, state sales tax revenue in February was $2.08 billion, up 3.7 percent compared to February 2012.
“Sales tax revenues continue to grow, but at a more moderate pace compared to recent months,” Combs said. “The latest increase was led by receipts from the construction and restaurant sectors. Collections from other major sectors such as oil and natural gas-related businesses and manufacturing remain at high levels.”
Combs will send cities, counties, transit systems and special purpose taxing districts their March local sales tax allocations totaling $531.3 million, up 12.2 percent compared to March 2012.
Athens posted a 31.92 percent increase in sales this period, $404,190.66 from $306,370.73, while Brownsboro posted an increase of less than one percent, $10,131.61 from $10,049.46. Coffee City posted a 36 percent increase, $14,886.34 from $ 10,938.64 while Murchison posted a 32.97 percent increase, $2,938.95 from $2,210.12.
The sales tax figures represent January sales reported by monthly tax filers.
For details of March sales tax allocations to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s Web site at www.window.state.tx.us/ taxinfo/allocsum/compsum. html.