Lubbock, statewide sales tax revenue for March down 5 percent - FOX34 Lubbock

Lubbock, statewide sales tax revenue for March down 5 percent

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LUBBOCK -

Lubbock's sales tax revenue for purchases made in March is 5.48 percent lower than the same time last year.

Texas Comptroller Glenn Hegar's office reports this month's payment will be $6,739,005.46. Last May the distribution was $7,130,456.95.

According to the comptroller, widespread social distancing requirements were not in place across much of Texas until late March. The agency anticipates a greater decrease next month, which will reflect April sales.

Year-to-date sales tax revenue for the city is $32,567,591.63, which is 4.3 percent higher than the same year-to-date period for 2019.

Statewide, the comptroller's office will be sending cities, counties, transit systems and special purpose taxing districts $824.1 million in local sales tax allocations for May. This is 5 percent less than in May 2019.

These allocations are based on sales made in March by businesses that report tax monthly, and sales made in January, February and March by quarterly filers.

Before statewide restrictions went into place, local governments began social distancing requirements and closing of businesses at different times in March. This is likely a factor in a different rate of decrease from city to city.

Arlington, El Paso, Frisco, Houston, Irving, Odessa and San Antonio are among the state's largest cities that have a more than 10 percent drop in sales tax revenue for this payment compared to what was received in May 2019.

Click here - for much more data on cities, counties and other governments.

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