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Last Updated: Feb 17th, 2014 - 08:59:25


Dumas, Sunray see sales tax increases
By Michael Wright, Editor
Feb 17, 2014, 08:58

Sales tax allocations recently announced by Texas Comptroller Susan Combs indicate an increase for two Moore County communities — Dumas and Sunray — while Cactus lost only $60 off of last year's total for this same reporting period. The increase in sales tax allocations for Moore County as a whole are up 15.83 percent this reporting period, indicating more local sales compared to this same time a year ago.

State-wide allocations are also up compared to February 2013. The comptroller reports an increase of 8.2 percent state-wide. In all, there was $2.3 billion in sales tax revenue collected by the state in January of 2014, up 8.3 percent compared to January 2013. This resulted in sales tax allocation payments totaling $802.1 million.

“Increases were seen across all major sectors of the Texas economy,” Combs said. “This indicates continued expansion in both consumer and business spending, and brings the growth in fiscal year-to-date collections to 4.6 percent compared with the previous year. Sales tax revenue has increased for 46 consecutive months.”
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Read more about local sales tax allocations in the Feb. 16 print edition.