Broussard upbeat but cautious on sales tax news

TYLER — Tyler City Manager Ed Broussard reflects as the city sees sales tax allocation numbers way up from last year at this time. Broussard told KTBB news, “We are very proud of the Tyler economy and how well it was able to rebound and come out of… that kinda COVID slump that happened in March and April of last year.” But Broussard says the city will continue its policy of budgeting conservatively for the coming fiscal year “so we don’t get stuck in a spot where we have to pull back or stop” certain services due to insufficient funds.

Tyler gets over $4.5 million in sales tax allocations for June, a nearly 55 per cent increase from a year ago. Year-to-date figures show Tyler with more than $25 million, a jump of close to 18 per cent from this point in 2020. Longview will receive over $3.1 million for June, a spike of more than 44 per cent compared to last June. For the year to date, Longview has totaled over $18 million, an increase of nearly 13 per cent from the same period last year. The money is collected and distributed by the state comptroller’s office.