TYLER — Officials with the city of Tyler are upbeat about the latest news on sales tax collections. Information from the Texas Comptroller indicates that total city sales tax revenues deposited for the month of December decreased 2.95 percent as compared to December 2009. But officials say that results in a 3.63 percent cumulative year to date increase for the first quarter of the current fiscal year net. While figures for December were slightly down overall, city staffers say a closer look reveals that the current period collections actually increased 0.70 percent; staffers say other audit and out of period collections equated to a 3.65 percent decrease for a net monthly decrease of 2.95 percent compared to last December.
“This means that we are continuing to see a positive trend in current sales tax collections.” said City Manager Mark McDaniel. “Although the City has not yet reached its overall budget goal, this should be easily achieved by year end.” The reported revenue of $2,410,041.30 is made up of of $1,606,694.20 general sales tax revenue and $803,347.10 half-cent sales tax revenue. The figures represent receipts from October 2010 collections, as there is a two-month period before revenue is reported.