Texas Comptroller Glenn Hegar on Feb. 12 announced he would send cities, counties, transit systems and special purpose taxing districts $1.04 billion in local sales tax allocations for February, which was 9.4% more than the amount distributed for February 2019.
Lindale’s sales tax revenue rebounded to 18.47-percent ($344,945.78 compared to $291,164.53) over last year, following last month’s slip of -9.04-percent.
The allocations are based on sales made in December by businesses that report tax monthly; October, November and December sales by quarterly filers; and 2019 sales by businesses that report tax annually. In his announcement, Hegar pointed out that Christmas shopping typically occurring in November was shifted into December due to the relatively late date of Thanksgiving (Nov. 28), helping make the February allocations substantially higher than in previous months.