Marble Falls and Horseshoe Bay sales tax receipts fall
By Lew K. Cohn
Managing Editor
Sales tax allocations for Marble Falls for April dropped by more than 6 percent, while HSB sales tax revenues were down more than 14 percent — and that does not include the impact of the COVID-19 pandemic.
Meanwhile, the cities of Granite Shoals and Cottonwood Shores saw another month of increases in their sales tax revenues, though state officials expect that will change beginning next month.
Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $701.8 million in local sales tax allocations for April, 0.5 percent less than in April 2019. These allocations are based on sales made in February by businesses that report tax monthly. …
Find the rest of this story and more comprehensive news coverage in the Friday, April 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, call 830-693-4367 or click here to subscribe to our e-Edition online.