Holiday sales fall short of 2015 totals

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Holiday sales fells short of 2015 levels in Snyder and Scurry County, according to sales tax allocation figures released by Comptroller Glenn Hegar on Wednesday.
The February allocations represent sales made in December by businesses that report taxes monthly, sales in October, November and December by quarterly fliers and overall 2015 sales by businesses that report annually.
Snyder’s allocation this month totaled $272,728, a 38 percent decrease compared to the February 2015 total of $440,677. This month’s allocation was reduced by $13,870 due to an audit adjustment — which occur monthly, but are typically much smaller.
Over the first two months of the year, Snyder has seen a 40.2 percent decrease in allocations. The 2016 total is $474,754 while the two-month total of 2015 was $794,023.
Scurry County is scheduled to receive $174,901 this month, which is 19.46 percent less than the February 2015 total of $217,165.
The 2015 total was reduced by a $39,548 audit adjustment. This month, only $2,363 was taken out for an audit adjustment, according to comptroller figures.
Year-to-date, the county has received $312,817, down 16.35 percent compared to the $374,004 returned during the first two months of 2015.
Hegar will send cities, counties, transit systems and special purpose taxing districts $867.1 million in local sales tax allocations for February, 0.7 percent less than February 2015.
“Energy-centric cities such as Odessa, Midland, Corpus Christi and Houston continued to see decreases in sales tax allocation,” Hegar said. “Other areas of the state helped to somewhat offset those losses as cities such as San Antonio, Austin, Fort Worth and Dallas saw moderate increases in allocations.”
Abilene saw a less than 1 percent gain in allocations while Lubbock had a 2.7 percent loss.