1 minute
-
(Photo/Alex Kielar) The City of Breckenridge saw a slight increase in its sales tax allocation this month in comparison to the same period last year, receiving $179,092.44 out of a total of $1.1 billion statewide, as announced by Acting Texas Comptroller Kelly Hancock.
The City of Breckenridge received $179,092.44 in local sales tax revenue for October, a 1.65% increase over the same period last year, according to figures released Thursday, Oct. 9, by Acting Texas Comptroller Kelly Hancock.
The uptick reflects continued consumer activity in the region, contributing to a broader statewide trend of rising sales allocations.
Statewide, Hancock announced $1.1 billion in October sales tax distributions to cities, counties, transit systems and special purpose districts–a 3.9% increase compared to October of last year. These payments are based on taxable sales made in August by businesses that report monthly, according to the press release sent out by Hancock.
Breckenridge’s year-to-date sales tax collections now total $1,951,450.88, up 3.53% from the $1.88 million collected during the same period last year. While the city’s monthly growth trails the state average, the steady climb underscores local economic resilience.
Across Texas, cities received $715.1 million, up 3.3% last year; counties saw a 5.4% increase totaling $70.8 million; special purpose districts experienced the largest jump at 7% and transit systems received $238.5 million, an increase of 3%.
For a full breakdown of October allocations, including figures for surrounding communities, visit the Comptroller’s Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller website.
