• December 25, 2014

Killeen, Temple sales tax revenue drops in April

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Posted: Wednesday, April 9, 2014 2:44 pm

Most greater Fort Hood- area cities experienced increases in their April sales tax allocations compared to the same month last year. Sales in Killeen and Temple, however, declined.

The sales tax allocation for Killeen decreased from April 2013’s $1.62 million to $1.58 million in April, or 2.2 percent.

Temple’s sales tax allocation went from $1.41 million to $1.4 million, or 1 percent, for the same periods.

Despite the decrease in the monthly comparison, Temple’s sales tax revenue is up by $241,000 for the year. Killeen, however, has posted declines each month this year and is down by about $245,000.

This month’s allocations reflect February’s sales, which were paid to the state during March.

Harker Heights, Nolanville and Lampasas are the only cities to experience consistent gains in a month-to-month comparison during 2014.

Harker Heights was up almost $35,000 in April compared to April 2013, which brought the city’s revenue up nearly $267,000, or 15.7 percent, for the calendar year.

Nolanville reported the largest percentage increase in April at 19.3 percent, but it amounts to a $13,000 increase.

Lampasas is up more than $34,000 for the year, a 7.37 percent increase.

While individual cities’ sales tax revenues varyacross the state, overall sales in Texas continue to rise, Comptroller Susan Combs said in a statement.

“The growth in sales tax revenues was led by business spending in the oil and natural gas mining, wholesale trade and construction sectors,” she said. “Collections from restaurants were also strong. This marks 48 consecutive months of growth in state sales tax collections.”

Local sales tax allocations totaling $554.5 million, up 6.2 percent compared to April 2013, will be sent to cities later this month.

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