Sales tax allocations for four Burnet County municipalities again saw double-digit percentage increases in September even as other areas of the state of Texas experienced some drop off in sales tax revenue, according to figures released last week by the Texas Comptroller’s Office — a sign that the county’s economy is returning to normal as the state recovers from the pandemic shutdown.
Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $765.3 million in local sales tax allocations for September, 4.5 percent less than in September 2019. These allocations are based on sales made in July by businesses that report tax monthly.
“Rising COVID-19 infection rates in July likely suppressed economic activity (for the state as a whole),” Hegar said last week. In September 2020,
In September 2020, Burnet County municipalities received a combined $1,360,453.47 in sales tax revenues, an increase of nearly 7.92 percent, or $99,816.09, above the $1,260,637.38 received during September 2019. Overall in Burnet County for the year, sales tax revenues are at $11,332,393.89, up 4.37 percent or $474,653.64 from the $10,857.740.25 received during the same time period last year. Burnet had sales tax re
Burnet had sales tax receipts for September 2020 go up 25.33 percent from $207,972.02 in September 2019 to $259,979.38 this month — the highest percentage increase of any Burnet County city. For the year, sales tax revenue is up 12.15 percent above last year, from $1,849.564.35 at this point in 2019 to $2,074,465.06 through this year — a positive increase of $224,900.71.
After back-to-back months with percentage increases of greater than 48 percent, Bertram’s numbers dipped slightly in September 2020, but remain well above average for the community. September 2020 saw a 22.07 percent increase from $24,298.90 in September 2019 to $29,664.02 this month. For the year, Bertram
For the year, Bertram maintains the highest percentage sales tax growth at 30.42 percent, from $219,662.60 through this point in 2019 to $286,498.29 through nine months of 2020.
Sales tax allocations for Marble Falls climbed 4.02 percent for September 2020 to $872,519.64. They were up $33,762.89 above the $838,756.75 received in September 2019. Sales tax receipts make up the lion’s share of general fund revenues for the county’s largest city.
For the year (January through September), Marble Falls has received $7,459,634.96, up 3.97 percent from the $7,174,517.58 received during the same period last year.
Sales tax receipts for Horseshoe Bay were down 1.01 percent in September 2020, just a month after being up more than 15 percent. The city, which straddles the Burnet and Llano county line, received $137,299.23 for September 2020, compared to the $138,711.02 received in September 2019.
For the year, sales tax revenues in HSB are still down 13.66 percent, from $1,206,220.50 in 2019 to $1,041,382.75 this year — a difference of $164,837.75 from last year’s receipts.
Granite Shoals saw sales tax revenues rise by 24.14 percent from $31,246.66 in September 2019 to $38,791.08 this September. For the year, sales tax revenues are up a stellar 21.39 percent, from $256,852.93 to $311,807.19.
Cottonwood Shores saw an increase of 12.96 percent in September 2020, up from $19,652.03 last year to $22,200.12. For the year, sales tax revenues are up 5.56 percent from $150,992.29 in 2019 to $159,314.64 through the same point this 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.