County sales tax taper slightly

Monthly sales tax revenue figures for the six Van Zandt County continued to be a mixed bag during the month of July, with information released by the office of Texas State Comptroller Glenn Hegar showing the gains made by Edom, Grand Saline and Van being offset by drops in collections by Canton, Edgewood and Wills Point.

Van, for the second time in as many months, helped lead the way for Van Zandt County by seeing sales tax revenue figures improve $2,951.75 over the $54,385.79 collected in July 2015.

Grand Saline finished just behind Van, seeing sales tax revenue collections climb $1,272.51 over the $45,465.82 collected for the same calendar month last year.

Edom continued what has become a strong resurgence in 2016, collecting $1,599.52 for July 2016. That figure was up a county best 20.97 percent over the $1,322.21 collected in July 2015.

Wills Point once again missed being on the positive side of the ledger, showing a narrow drop of $5,679.44 or 6.73 percent from the $84,362.14 collected when comparing against the same calendar month in 2015.

Canton followed a similar path as Wills Point, receiving a payment of $274,120.79 in July 2016. That total was down $7,164.15 or 2.55 percent over the same monthly payment in 2015.

The Edgewood economy continued its recent downward trend, following last month’s $3,042 drop in sales tax revenue collections with a $4,735.66 drop when comparing against the same calendar month in 2015.

To read the full article, subscribe to the Canton Herald or pick up a copy from one of our vendors.