By Brenda Sommer
The city of Mexia’s sales tax rebates for September dipped less than a percent compared to last year, while Coolidge’s total took a huge leap for the month.
“State revenues for fiscal 2015 came in very close to the amounts we projected in January before the legislative session,” Texas Comptroller Glenn Hegar said. “As we predicted, the Texas economy has seen moderate growth despite weakness in the energy sector. The accuracy of our fiscal 2015 estimate provides a firm foundation as we begin to prepare the Certification Revenue Estimate.”
Hegar also announced he will send cities, counties, transit systems and special purpose taxing districts $638.1 million in local sales tax allocations for September, which represents an increase of 1.7 percent compared to September 2014.
To read more, see the Tuesday, Sept. 22, edition of The Mexia News.