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City Sales Tax Figures Increase

Posted/updated on: October 26, 2011 at 9:24 am

TYLER — Tyler’s sales tax revenues deposited for the month of October have increased 1.3% resulting in a 1.3% year-to-date increase. The reported revenue of $2,743,579 is comprised of $1,829,053 general sales tax revenue and $914,526 half-cent sales tax revenue. The figures, which are reported by the state comptroller’s office, represent receipts from August 2011 collections as there is a two-month lag before taxes are reported and remitted back to the City from the State. “October is the first month in the City’s fiscal year and this increase is a solid start to the new year,” said City Manager Mark McDaniel.



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