Burnet sales tax receipts up 17.42 percent

By Lew K. Cohn

Managing Editor

Burnet Bulletin

With the exception of Cottonwood Shores, sales tax distributions for Burnet County municipalities were up for the month of March and four jurisdictions saw double digit growth from the same time last year, including Burnet, which saw sales tax receipts jump by more than 17 percent.

Texas Comptroller Glenn Hegar announced he sent cities, counties, transit systems and special purpose taxing districts $711.7 million in local sales tax allocations for March, 6.1 percent more than in March 2018. These allocations are based on sales made in January by businesses that report tax monthly.

Burnet saw an increase of 17.42 percent in the month of March 2019 as the county seat received $182,651.14 in distributions from the Texas Comptroller's office — up from the $155,549.11 received in March 2018. For the year, tax collections are up 6.37 percent from $539,690.20 to $574,111.86.

Bertram's sales tax growth continued as the city experienced an 3.93 percent increase in sales tax revenues in March. Bertram received $20,181.81, up from $19,341.62 in March 2018. For the year, the receipts are up 12.53 percent from $62,828.83 to $70,707.19.

Sales tax revenues for Marble Falls were at $686,219.66, up more than $123,000, or 21.91 percent, from the $562,871.96 received during March 2018. In Marble Falls, sales tax receipts make up the lion's share of general fund revenues.

For the year, sales tax revenues for Marble Falls are $2,308,379.48 — up 11.65 percent from the $2,067,379.48 received during the first three months of 2018.

Sales tax receipts for Horseshoe Bay also were up significantly for the third month of 2019. This month, the city, which straddles the Burnet and Llano county line, received $102,085.79, up 17.8 percent from the $86,653.68 received in March 2018.

For the year, tax collections are at $368,526.67, up 19.57 percent from the $308,204.98 received through the same time last year.

Granite Shoals saw a continuance of its sales tax increases as revenues jumped 11.74 percent from $21,744.62 in March 2018 to $24,299.23 this March. For the year, sales tax receipts are up 13.92 percent from $72,857.92 to $83,003.81.

Cottonwood Shores saw decrease of 3.74 percent in March 2019, down from $12,250.56 to $11,792.04. For the year, collections are up 8.91 percent, from $37,747.39 to $41,112.84.

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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