Sales tax revenues up for Longview
Jimmy Daniell Isaac
Dec. 6, 2017 at 11:55 p.m.
December sales tax revenues
Source: City of Longview
Longview sales tax revenues increased 10.03 percent in December, prompting city spokesman Shawn Hara to call it "another month of good news."
Revenues for December — which represent taxes from sales recorded in October — reached $2.219 million for Longview, marking the best December haul in the city in two years, Hara said.
The Texas Comptroller of Public Accounts released the figures Wednesday afternoon.
For the three months of this fiscal year that began Oct. 1, the city's sales allocations are up 6.38 percent.
"The last several years have seen a lot of ups and downs, with the last three fiscal years showing overall negative returns," Hara said. "So, to see four months in a row (going back to September) of positive sales tax returns is really encouraging. We haven't had four consecutive months of positive returns since April-June 2014."
The city had three consecutive positive months between December 2014 and February 2015, but it later embarked on more than 17 months of decreased revenues.
Sales tax revenues play a large role in Longview's and other cities' budgets.
Elsewhere in East Texas, Kilgore posted a 44.7 percent increase in revenues this month, raking in $686,000 — about $82,000 more than Marshall, which saw a 4.2 percent revenue decrease.
It was Kilgore's 10th consecutive month of positive sales tax revenue since February, which ended a 12-month period that City Manager Josh Selleck called an "extraordinary falloff" in sales allocations.
Those reduced allocations led the City Council to use a portion of the city's reserves to meet the 2017-18 spending plan.
"It's exciting and a relief to turn around and keep going," Mayor Ronnie Spradlin said about recent positive revenues. "We always have a conservative budget and really a main list of what we will cut if we need to.
"Maybe we will be able to do some things that we were unsure about in this budget. Also, hopefully we won't have to spend money out of reserves next year."
December sales tax allocations
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