Connect with us

NEWS

Sales tax revenue tops $3.08 million in January

Published

on

(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.08 billion in January, 8.9 percent more than in January 2019. 

“Growth in state sales tax revenue was led by receipts from the retail trade and information services sectors, while receipts from oil- and gas-mining were down from a year ago,” Hegar said. “January retail trade sector collections were higher than a year ago in part because more Christmas shopping days fell in December. Collections also were slightly boosted by marketplace providers and remote sellers, who first began collecting Texas sales taxes in October.” 

The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January. Total sales tax revenue for the three months ending in January 2020 was up 6.6 percent compared to the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 57 percent of all tax collections.

In January 2020, Texas collected the following revenue from other major taxes:

  • motor vehicle sales and rental taxes — $471.0 million, up 10.6 percent from January 2019;
  • motor fuel taxes — $308.9 million, up 1.3 percent from January 2019;
  • natural gas production taxes — $131.0 million, down 14.4 percent from January 2019; and
  • oil production taxes — $395.7 million, up 44.1 percent from January 2019.

For details on all monthly collections, visit the Comptroller’s Monthly State Revenue Watch. For an extensive history of tax policy developments and fees since 1972, visit our updated Sources of Revenue publication.

Continue Reading

NEWS

Rains bring relief to parched county

Published

on

After nearly three months of no rain, Mother Nature brought the showers this past week.
Downtown Bowie rain reports varied from 7 to 8 inches, while the Saint Jo area reported a 10-inch total. The city water plant in Bowie reported 5.55 inches on Sept. 30 with 1.6 Oct. 1-3.
Nocona saw a total of 6.31 inches of rain across Sept. 26 to Oct. 3.
On Oct. 6, Lake Amon G. Carter saw a level of 917.39 mean sea level rising to 81.31% full. Just one week earlier the lake was 73.6% full, while one year ago it was 94.01%. The lake is full at 920msl.
Lake Nocona was 73.7% full at 823.02 on Oct 6. One week earlier it was 70.41% full and one year ago it was 92.41%. The lake is full at 827.5 msl.

Continue Reading

NEWS

Data centers worrying citizens

Published

on

By BARBARA GREEN
editor@bowienewsonline.com
One Montague County City has joined the battle against any data centers being built in this county and there is a petition drive underway to urge the commissioner’s court to keep data centers out of Montague County.
At a Sept. 28 called meeting of the Saint Jo City Council, officials unanimously approved a resolution stating its opposition to the “siting, permitting, construction or operation of data centers and similar hyperscale computing facilities within the city limits or the city’s extraterritorial jurisdiction.”
City Secretary Debbie Dennis said several citizens approached Councilor Jack Dunn about their data center concerns and he helped prepare a resolution. The council gave unanimous support.

Read the full story in your Thursday Bowie News.

Continue Reading

NEWS

Montague County lifts burn ban

Published

on

Montague County Judge Kevin Benton has signed an order lifting the outdoor burn ban effective Oct. 7.

Persons are still urged to be cautious when they are out working in the countryside to avoid any spark that could cause a wildfire.

Continue Reading
Ad
Ad
Ad
Ad
Ad
Ad
Ad

Trending