Athens Review, Athens, Texas

Local News

March 13, 2014

Tax allocations for Athens down

Athens — That Athens saw its first decrease in sales-tax allocations of 2014 in March is not all bad news, according to information from State Comptroller Susan Combs’ office.

The city’s allocation of $354,161.28 was down 12.37 percent from March of 2013, but was the second-highest March on record.

In March 2013, Athens allocation was $404,190.66, bettering the March of 2008 mark of $331,676.25, before the nation experienced a severe economic downturn.

Athens Director of Finance David Hopkins said March is usually a good month for the city, and he doesn’t read too much into a single monthly report.

“I like to look at the trend,” Hopkins said.

Hopkins said he hasn’t seen much to indicate that 2014 numbers will be much different than the previous year.

In 2014 to date, the city was just 0.44 percent ahead of the 2013 pace.

Statewide, the sales-tax revenue collected in February was $2.2 billion, up 5.8 percent compared to February 2013.

“Sales-tax revenue continues its growth streak, and has now increased for 47 consecutive months,” Combs said. “Growth in tax collections was seen across all major economic sectors, including oil and gas, wholesale trade and the services sector.”

Combs is sending cities, counties, transit systems and special-purpose taxing districts their March local sales-tax allocations totaling $553 million, up 4.1 percent compared to March 2013.

Henderson County’s second-largest municipality, Gun Barrel City, had a March allocation of $212,981.50, and was 3.40 percent above 2013. The year-to-date reading for GBC was 1.24 percent ahead of 2013.

Chandler enjoyed a 15.10 percent increase in its allocation over March 2013. The 2014 allocation for March was $39,717.37. Through March, Chandler is 23.83 percent ahead of 2013 in the year-to-date figures.

The following is a list of Henderson County municipalities, followed by their March 2014 allocation, March 2013 allocation and the percent of change.

                                    

• Athens - 354,161.28 - 404,190.66 - (-12.37 percent)   

• Berryville - 813.30 - 817.43 - (-0.50 percent)   

• Brownsboro - 8,254.40 - 10,131.61 - (-18.52 percent)   

• Caney City - 2,909.06 - 3,395.70 - (-14.33 percent)   

• Chandler - 39,717.37 - 34,504.03 - (15.10 percent)   

• Coffee City -13,206.89 - 14,886.34 - (-11.28 percent)   

• Eustace - 4,710.15 - 4,868.37 - (-3.24 percent)   

• Gun Barrel City - 212,981.50 - 205,962.75 - (3.40 percent)   

• Log Cabin - 2,182.80 - 1,831.67 - (19.16 percent)   

• Malakoff - 27,522.86 - 25,557.73 - (7.68 percent)   

• Murchison - 3,282.96 - 2,938.95 - (11.70 percent)   

• Payne Springs - 5,807.63 - 6,357.23 - (-8.64 percent)   

• Poynor - 693.10 - 272.39 - (154.45 percent)   

• Seven Points - 4,183.77 - 37,495.93 - (-8.83 percent)   

• Tool-  5,664.73 - 6,321.34 - (-10.38 percent)   

• Trinidad - 8,397.67 - 9,588.01 - (-12.41 percent)   

• County Total - 724,489.47 - 769,120.14 - (-5.80 percent)

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