NEWS
State sales tax revenue totaled $3.6 billion
| (AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.57 billion in March, 5.9 percent more than in March 2022. The majority of March sales tax revenue is based on sales made in February and remitted to the agency in March.“In line with our biennial revenue forecast, state sales tax collections resumed the recent trend of significant but slowing growth, with the gain compared with the previous year being the lowest since the end of pandemic restrictions two years ago,” Hegar said. “Growth in tax receipts was evident across all major sectors, with the exception of retail trade, as consumers reallocate budgets away from goods in favor of services as inflation continues to impact shoppers.“Receipts from the oil and gas mining sector led the way for all sectors, showing nearly a 50 percent gain for the third straight month. Remittances from the construction sector were up by double digits compared with last March, and receipts from the wholesale trade sector showed gains compared with a year ago, indicating business spending is still very strong in the state.“Remittances from the retail trade sector were negative compared with the same month the previous year for the first time since April 2022. Within the sector, general merchandise receipts were down the most compared with last year. Remittances from the sale of building materials declined for the third consecutive month, as the pace of home improvements and remodeling projects that saw enormous increases at the height of the pandemic decidedly slowed. Receipts from clothing and accessory stores were down moderately.“Restaurant receipts were up considerably for the second month in a row compared with a year ago, outpacing the inflation rate for food away from home by nearly 50 percent.” Total sales tax revenue for the three months ending in March 2023 was up 8.7 percent compared with the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 56 percent of all tax collections. Texas collected the following revenue from other major taxes: motor vehicle sales and rental taxes — $432 million, up 12 percent from March 2022; motor fuel taxes — $287 million, up 4 percent from March 2022; oil production tax — $427 million, down 10 percent from March 2022; natural gas production tax — $267 million, down 23 percent from March 2022; hotel occupancy tax — $61 million, up 21 percent from March 2022; and alcoholic beverage taxes — $138 million, up 11 percent from March 2022.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. |
Members of the Bowie Independent School District Board of Trustees will meet at 5:30 p.m. on June 16.
The big item on the agenda is the review of superintendent candidate applications and consider possible interview choice. Superintendent Blake Enlow resigned on May 23 and Assistant Superintendent Lee Ann Farris has been serving as the interim.
That item will be in executive session along with professional educator contracts that need to be considered.
On the regular agenda Farris will update the board on education bills passed by the 89th Texas Legislature and their budget impacts, as well as discipline impacts. A budget workshop will be considered. She also will provide information on state assessment and board goals.
Campus administrators and directors will provide updates, along with the finance director.
In action items the board will review Texas Association of School Board update 124, consider changes to the 12-month and 11 employee dates and consider the purchase of a new band trailer not to exceed $80,000.
Due to the June 19 Juneteenth federal holiday the U.S. Post Office will be closed, which moves then Thursday Bowie News to a delivery date on Friday. It will be available in the stores at its regular time.
As of June 9 details on why an appeal bond was revoked on Casey Hall which prompted her arrest in Sulphur Springs on June 2 remain unclear.
The former 97th District Attorney was convicted of misapplication of fiduciary property and theft by a public servant on May 13 in the 16th District Court in Denton County.
The jury gave her a sentence of one year in state jail for misapplication of fiduciary property and six years probation for theft by a public servant.
The 38-year-old Hall was booked into the Hopkins County Jail on June 2 on a warrant after a Denton County judge revoked the appeal bond that was $10,000.
Hall filed her intent to appeal the conviction and sentence, so after posting a $10,000 bond, she was released on May 14 instead of beginning her sentence.
Denton County Court records indicated on June 2 Judge Sherry Shipman, who presided in the trial, declared Hall’s bond insufficient and a warrant was issued for her arrest.
There were rumors Hall may have opted to drop her appeal, but that information has not been confirmed through the court. As of June 9 Hall remained booked into the Hopkins County Jail.
-
NEWS3 years ago2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS2 years agoSuspect indicted, jailed in Tia Hutson murder
-
NEWS2 years agoSO investigating possible murder/suicide
-
NEWS2 years agoWreck takes the life of BHS teen, 16
-
NEWS2 years agoMurder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
NEWS2 years ago
Sheriff’s office called out to infant’s death
-
NEWS2 years agoBowie Police face three-hour standoff after possible domestic fight
-
NEWS3 years ago
Driver stopped by a man running into the street, robbed at knifepoint