|Sales tax rebate increase back in double figures|
|Kerry Craig | News-Telegram Assistant Editor|
Dec. 11, 2005 -- Retail sales in Hopkins County continued on the upswing in October, according to sales tax figures released Friday by the state comptroller's office.
Sulphur Springs' sales tax increase was back into the double figures with a gain of 10.47 percent over December of 2004. The amount of sales tax generated for the city totaled $304,105.13 bringing the amount collected by the city this year to $3,777,622.10 an overall increase of 3.25 percent over 2004.
November state sales tax collections and December sales tax allocations to local governments mainly represent sales that occurred in October.
Como continues to be in the spotlight with an increase of more than 104 percent over December of 2004. Como's check in the amount of $2,386, brings the year to date total of sales tax collected to $29,619.94, an increase of almost 64 percent over last year.
Cumby, with a 75 percent increase from one year ago, continues to benefit from the legalization of alcoholic beverage sales. Cumby's check of $8,053 this month brings the sales tax revenue total to $53,231.20 for the year, an increase of almost 65 percent from the calendar year 2004. Cumby's sales tax rate also increased from 1 percent to 1.5 percent at the beginning of this year, however, accounting for some of that gain.
Elsewhere in Northeast Texas, Greenville was one of the few cities to show a decrease in retail sales activity, albeit a slight one. Greenville's December sales tax check for more than $378,000 was down 0.29 percent from one year ago. For the year overall, however, Greenville's sales tax rebates are up 3.8 percent.
Mount Pleasant saw 0.93 percent growth in retail sales for the month. For all of 2005, sales taxes have decreased just less than half a percent compared to 2004.
Mount Vernon, however, saw a more than 30 percent increase over last December with a sales tax check amount of $41,181. Retail growth in Franklin County this year is more than 20 percent.
In total dollars received, Paris continues to lead the area with a check for more than $473,550 which reflects an increase of more than 17 percent from a year ago.