• August 28, 2016

Killeen’s sales tax dollars rise slightly

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Posted: Wednesday, May 7, 2014 11:45 pm

Killeen experienced its first sales tax allocation gains in a month-to-month comparison since October.

The gain comes at a time when all but three Central Texas cities will receive more sales tax revenue than the same month in 2013.

Killeen will receive a 0.33 percent increase, a difference of almost $7,700, for this year’s April allocation compared to April 2013, stated information from the state comptroller’s office.

The largest city in the area has experienced decreases since at least October in its sales tax figures between less than 1 percent and as high as almost 9 percent in monthly comparisons.

Killeen will receive almost $2 million from the comptroller’s office this month for sales occurring in March in the city. However, the city is about 2.73 percent, or $239,000, behind in its calendar year allocations in 2014 compared to 2013.

“March is always a busy month because of income taxes,” said Bruce Whitis, who operates Action Pawn.

Sales in the pawn shop business tend to follow the area’s economic trends, he said.

But “hopefully, we have a better (sales) year than the rest of the community.”

Nolanville, Harker Heights and Temple will receive the largest percentage increases in April sales taxes allocation.

Nolanville’s 26 percent increase means the month generated more than $5,500 in revenue compared to April 2013. Harker Heights’ sales tax rose by almost $83,000,

or 15.85 percent, comparing the same months. Temple’s 8.72 percent increase constitutes a more than $147,000 gain in revenue.

Temple and Harker Heights also are leading the cities in the largest amount of sales tax revenue gains since January.

According to a year-to-date comparison for 2013 to 2014, Temple received an additional $388,000 this year because of sales growth.

Harker Heights, which has spent most of the year with double-digit percentage increases, received $349,000 more in 2014 compared to the same period in 2013.

For Lampasas, Salado and Kempner, the revenue source declined for the monthly comparison period.

Kempner’s allocations decreased by the largest percentage — 7.94 percent, a difference of about $850. Salado received about $900 less, a decrease of 2.3 percent. Lampasas’ figures were down half a percent, about a $700 difference.

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