Sales tax revenues continue upward trend

City leaders are likely keeping their fingers crossed, hoping that the trend of sales tax revenue gains posted by all county cities in the month of April and continued by five out of six cities in the month of May continues unabated throughout the rest of the year and beyond.

According to the office of Texas State Comptroller Glenn Hegar, Canton, Edom, Grand Saline, Van and Wills Point saw sales tax revenues increase in the month of May when comparing against figures posted for the same calendar month in 2015.

The city of Canton proved to be the biggest gainer in terms of dollar change, collecting $67,656.26 more than the $273,408.54 collected back in May 2015.

Van enjoyed the largest percentage gain of any county city, 51.43 percent, and the second largest dollar change by collecting $78,496.82 this month.

Other cities showing gains included Grand Saline collecting $64,672.36, up $10,113.42 over May 2015, Wills Point collecting $93,581.98, up $7,952.65 over May 2015, and Edom, collecting $1,666.55, up $556.17 over May 2015.

Edgewood finished as the lone county city to post a drop for the month, falling $8,110.18 from the $34,177.51 received for the same calendar month last year.

As a whole, county cities were up a combined $104,827.10 over last year’s figures for the month.

For the year, Canton, up $109,076.74 in year-to-date figures, Van, up $57,137.52 in year-to-date figures, Grand Saline, up $21,198.53 in year-to-date figures, Wills Point, up $5,614.98 in year-to-date figures, and Edom, up $676.39 in year-to-date figures, are all currently ahead of their 2015 pace. 

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