Four cities see increase in sales tax rebates

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Four of the six cities in Wood County saw their sales tax revenue increase in June as the summer months are upon local residents. Yantis, Quitman, Alba and Winnsboro each saw increases while Mineola and Hawkins saw decreases.

These allocations are based on sales made in April by businesses that report tax monthly.

Quitman received $55,396 nearly 30 percent more compared to June 2017 when the city received $42,931. Overall this year Quitman businesses have earned $325,672 in sales tax rebates compared to $310,927 in 2017 during the same time span.

Mineola received $158,799 in rebate totals this month compared to $159,863 in June 2017. The slight drop represents a .6 percent decrease. Overall this year local businesses brought in $1.02 million compared to $1 million last year during the same time span.

In June, Alba saw the biggest percentage increase in rebate totals as the city earned 86 percent more in sales revenue for June compared to June 2017. For June local businesses received $21,183 while the city saw only $11,368 last year in rebates during the same time span.

Winnsboro received $86,424, just less than four percent more than local businesses received in June 2017 when rebates totals reached $83,175. Overall this year Winnsboro has received $518,808 compared to $501,816 in 2017 during the same time span.

Yantis saw a substantial increase this month as local businesses received $6,453 in June rebates compared to $4,410 last year. That increase represents a 46 percent increase. Overall this year Yantis has received $35,906 in tax rebates compared to $37,362 in 2017 from January to June.

Hawkins local businesses received $19,232 this month compared to $25,022 in June 2017. That decrease represents a 23 percent drop. Overall this year local businesses received $143,252 compared to $170,032 last year during the same time span.

Texas Comptroller Glenn Hegar announced last week he will send cities, counties, transit systems and special purpose taxing districts $710.4 million in local sales tax allocations for June, 11 percent more than in June 2017.

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