Sales tax allocations up in GShoals and Cottonwood Shores
Connie Swinney/The Highlander
Connie Swinney/The Highlander
Cottonwood Shores saw an increase of 24.6 percent in March 2020, up from $11,792.04 to $14,693.99. For the year, sales tax revenues are up 13.36 percent from $41,112.84 in 2019 to $46,606.41 through the same point this year.
By Lew K. Cohn
Managing Editor
Sales tax allocations for March for Marble Falls were down slightly, but Granite Shoals and Cottonwood Shores each saw large percentage increases, it was announced last week.
Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $766.2 million in local sales tax allocations for March, 7.7 percent more than in March 2019. These allocations are based on sales made in January by businesses that report tax monthly. …
Find the rest of this story in the Tuesday, March 17 issue of The Highlander, the newspaper of record for the Highland Lakes. To offer a comment or news tip, email lew@highlandernews.com. To subscribe to the newspaper, call 830-693-4367 or click here to subscribe to our e-Edition online.
