MONEY

Texas cities, counties, transit systems and special-purpose taxing districts will receive $660.4 million in sales tax allocations in October, according to a news release from Texas Comptroller Glenn Hegar.

Killeen is expected to receive $1.76 million in sales tax revenue, a 0.99 percent increase from October 2016’s allocation, the release stated.

Statewide, the total allocations represent a 1.6 percent increase from the allocations distributed in October 2016, with counties receiving the biggest increase of 8.7 percent from last year.

Bell County

The county will receive $1.48 million in sales tax allocations in October, an increase of 1.77 percent from this time last year.

Nolanville saw a large sales tax percentage increase for the past month, receiving $53,333 this month, a 145.66 percent increase over the same month last year.

“This bump in sales tax was primarily an effect of the annexation we did last year, which also included some commercial businesses,” City Manager Kara Escajeda said earlier this year.

“We are also seeing a lot of movement along the Jack Rabbit area. This bump is good because we use 0.25 percent of the allocation for street maintenance and 0.25 percent goes to the EDC (Economic Development Corporation) for economic development, so we can do a lot more with this, this year,” Escajeda added.

Belton will receive $423,366, a 5.29 percent increase from last October’s allocations.

Harker Heights will receive $496,049, a 1.97 percent decrease from October 2016.

Temple is set to receive $1.72 million, a 1.85 percent increase from last year’s allocation.

Coryell County

The county will receive a larger percentage of sales tax than Bell County, receiving $182,103 for a 9.15 percent increase.

Copperas Cove saw a large increase in October allocations from last year; it is set to receive $364,352, a 9.79 percent increase.

Gatesville saw a 4.92 percent increase in sales tax allocations, receiving $167,457 in October.

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