Austin sales tax pay­outs main­tain slo-mo re­bound

Austin American-Statesman - - BUSINESS -

Six of the largest cities in Cen­tral Texas, in­clud­ing Austin and Round Rock, con­tin­ued to see higher sales tax al­lo­ca­tions from the state this month. But four oth­ers had de­clines, re­flect­ing the un­even na­ture of the eco­nomic re­cov­ery.

Sales taxes are a cru­cial source of city rev­enue. Austin and Round Rock have had higher al­lo­ca­tions for the past five months com­pared with those made in the same months last year. The new al­lo­ca­tions, which are dis­trib­uted by the state comptroller’s of­fice, are for sales made in May.

The $11.5 mil­lion that Austin re­ceived is 3.1 per­cent higher than the same month last year. Round Rock’s $5.3 mil­lion was 12 per­cent higher.

The state’s largest cities re­main be­hind where they were a year ago. Dal­las’ $15.3 mil­lion was down 3.8 per­cent, and Hous­ton’s $36.2 mil­lion was down 2.3 per­cent.

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