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2011-04-21 digital edition

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2011-04-21 / Front Page

Lee County Sees Growth in Sales Tax, along with State of Texas

Lexington, Giddings and Lee County, as a whole, saw a positive growth in their Sales Tax Allotments from the Texas Comptroller’s office this month. Lexington’s increase was over 13%; Giddings’ was over 29% and the county showed an overall increase of 27.57% for the year to date figures. Month- to- date figures were also up.

Our neighbor, Rockdale, to the north, showed a decrease of 12%, with Milam County as a whole showing a decrease in sales tax revenue allotments of just over 2%.

The state’s sales tax revenues, according to Texas Comptroller Susan Combs, was $1.60 billion, up 9.9 percent compared to the same period last year.

“State sales tax revenue has now increased for 12 straight months,” said Combs. “Strong consumer and business spending helped increase revenue in large sectors of the economy such as retail, manufacturing and the oil and gas industry.”

APRIL 2011 SALES TAX ALLOCATION AMOUNTS

CITY THIS LAST % YTD YTD %
PERIOD YEAR CHANGE 2011 2010 CHANGE
Lexington $ 14,010 $ 9,239 51.63% $ 54,977 $ 48,494 13.36%
Giddings $111,847 $ 77,495 44.32% $ 466,396 $ 360,192 29.48%
Rockdale $ 42,580 $ 51,973 -18.07% $ 201,329 $ 230,575 -12.69%
Elgin $ 74,644$80,125 -6.83% $ 368,105$ 364,265 1.05%
Caldwell $204,833 $ 91,337 124.26% $ 709,216 $ 441,899 60.49%

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