City tax revenue continues to increase
Before April showers can bring May flowers, the month has already returned Burleson to the positive side of the sales tax revenue ledger.
Burleson received its sales tax allocation this week as State Comptroller Glenn Hegar sent the city $1,182,153, an increase of 1.88 percent from the $1.160 million it received in April of last year, according to figures released by Hegar.
“This is very slightly less than we anticipated, but we’re still on target for year-to-date,” Burleson Finance Director Rhett Clark said. “We have sort of a second Christmas every spring during the home improvement season, so we’re looking forward to that in the next couple of months.”
The city budgeted $8,115,000 for sales tax revenue for 2016-17, Clark said.
The allocations are based on sales made in February by businesses that report tax monthly, Hegar said. The monies are collected in February, counted in March and distributed in April, he said.
The April allocation means Burleson once again received an increase over the same month last year after it received a decrease last month compared to 2016. In January, the city received $1.3 million, a 5.53 percent increase over the $1.2 million it received in January 2016. In February, Burleson received $1,870,756, an increase of 1.88 percent over the $1.836 million it received in February 2016. In March, however, the city received $1,170,678, a decrease of 5.6 percent from the $1.240 million it received in March of last year, according to figures released by Hegar.
Burleson is one of only six Johnson County cities to experience an increase in April compared to allocations from last April.
Alvarado is up 11 percent ($131,031 from $117,463); Cleburne increased 53 percent ($954,953 from $623,464); Godley is up 123 percent ($41,223 from $18,471); Keene is up 23 percent ($60k from $49k), and Venus increased 35 percent ($34k from $25k).
Four Johnson County cities received a decrease from April of last year.
Briaroaks is down 10 percent on sales tax revenue of $1,410 compared to $1,567; Grandview is down 4 percent on revenue of $59,510 compared to $62,138 in April 2016; Joshua is down 21 percent on revenue of $80,723 versus $101,823, and Rio Vista is down 23 percent on revenue of $11,489 compared to $14,985 in April 2016.
Burleson’s sales tax is 2 percent. The city receives half of that and the other half is shared by the Business 4A Economic Development Corporation (called Type A) and the Burleson Community Services Economic Development Corporation (called Type B).
For the calendar year, Burleson has received sales tax revenue of $5,533,143 an increase of 1 percent over the amount it received for the same period last year, Hegar figures indicate.
Statewide, Hegar announced Monday he will send cities $397.8 million in local sales tax allocations for April, a 2.8 percent increase over April 2016.