City Makes Top 20 List Of Cities Getting Most Sales Tax Allocations

ROUND ROCK, TX -- Fast-growing Round Rock made the list of the top 20 cities statewide receiving the most local sales tax allocations for February, joining the ranks of much larger cities such as San Antonio, Dallas, Austin and Fort Worth.

The city got $6.6 million for the current period, down 4.68 percent from last year’s comparable period yet still strong enough to keep it in the top 20 rankings.

To date, the city’s 2016 allocations to date are $11.9 million, a 3.56 percent drop during the same time last year when it reaped $12.4 million.

The city was ranked 15th overall in terms of its returns, between Lubbock with $7.07 in allocations and Midland with $6.6 million. Houston and San Antonio were the top two powerhouses with $67.6 million and $36.3 million in allocations, respectively.

Texas Comptroller Glenn Hegar disclosed the latest allocations in a recent press release. All told, $867.1 million in sales tax allocations statewide was distributed for February -- a negligible 0.7 percent reduction from the same period in 2015.

The allocations are based on sales made in December by businesses reporting tax monthly, the comptroller said.