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Breckenridge has thriving month, up 13.08% for the year

Wed, 02/24/2021 - 5:00 am

While the state of Texas experienced 0.7 percent increase in local sales tax allocations for February, Breckenridge can celebrate another month after exceeding last year’s dollars by 16.88%.

Breckenridge will receive a check of $204,821.91, an improved local sales tax by $29,589.64. Year-to-Date Breckenridge received $347,592.14, up 13.08% for the year.

According to Texas Comptroller Glenn Hegar ,Texas cities, overall, saw an increase by 2.4% YTD. Transits are down 1.4%; Counties are down 3.3%; special purpose taxing district up 6%. These allocations are based on sales made in December by businesses that report tax monthly; October, November and December sales by quarterly filers; and 2020 sales by businesses that report tax annually. Total Net Payments This Period: $684,062,854.95; Comparable Payment Prior Year: $672,720,665.50; Percent Change: 1.69%

Total Payments YTD: $1,189,624,893.28; Total Prior Year Payment YTD: $1,161,449,380.15; Percent Change: 2.43%

Albany took a slight dip from this time last year by 3.29%. They will see payment of $47,291.01. For the year, Albany received $78,840.37, down 8.37%.

Woodson had another increase in sales tax revenue by 20.86%. They will receive a Net payment of $1,273.57. Last year, Woodson received $1,896.42 compared to this year of $3,643.01. That is an increase of 92.10%.