Burnet, Bertram sales tax revenues jump

By Lew K. Cohn

Managing Editor

Burnet Bulletin

Sales tax distributions for Burnet for the month of September are up more than two percent above last year's total as the city sees continued economic growth from its retail sector.

All cities in Burnet County experienced sales tax growth this month, with four cities (Bertram, Granite Shoals, Horseshoe Bay and Cottonwood Shores) all seeing double-digit percentage hikes.

Texas Comptroller Glenn Hegar announced he is sending cities, counties, transit systems and special purpose taxing districts $738.8 million in local sales tax allocations for September, 10.5 percent more than in September 2017. These allocations are based on sales made in July by businesses that report tax monthly.

Burnet saw an increase of 2.38 percent in the month of September 2018 as the county seat received $177,007.66 in sales tax distributions from the Texas Comptroller's office — up from the $172,889.16 received in September 2017. For the year, Burnet's collections are down 0.86 percent as the city has received $1,691,585.44, down from the $1,706,391.84 received through this same time last year.

Bertram's sales tax growth continues to be historic as the city experienced a 19.63 increase in sales tax revenues in September 2018, the largest percentage increase in Burnet County. Bertram received $20,924.54, up from $17,490.54 in September 2017. For the year, Bertram has had an increase of 15.73 percent, from $163,505.43 at this point last September to $189,225.30 this year.

Sales tax revenues for Marble Falls were at $736,295.41, up 1.92 percent from the $722,365.56 received during September 2017. For the year, Marble Falls is ahead of last year's pace, having brought in $6,589,056.55 in sales tax distributions, up from $6,485,845.36 through the same time last year — an increase of 1.59 percent.

Horseshoe Bay again saw double-digit growth in its sales tax distribution in September 2018 as the city received $110,960.52, up 12.31 percent from $98,792.79. For the year, the city, which straddles the Burnet and Llano county line, leads all cities in Burnet County in percentage increase with a 20.02 percent gain over last year. Through this month, Horseshoe Bay has brought in $974,280.83, up from $811,735.02 through the same time period last year.

Granite Shoals saw a hefty 13.11 percent increase in sales tax revenue for September, receiving $29,328.50 compared to $25,928.39 received in September 2017. For the year, the city is up 6.23 percent from $230,464.65 to $244,835.72.

Cottonwood Shores saw an increase of 11.7 percent in September 2018, up from $16,767.29 last September to $18,730.31 this September. For the year, Cottonwood Shores is up 3.4 percent to $135,231.52, after receiving $130,799.29 through the same point last year.

Three cities in Burnet County — Marble Falls, Burnet and Granite Shoals — collect the maximum allowable sales tax rate of two percent, while Bertram and Horseshoe Bay collect 1.75 percent and Cottonwood Shores collects 1.5 percent.

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