City employee pay raises on hold due to low sales tax figures - KLTV.com - Tyler, Longview, Jacksonville |ETX News

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City employee pay raises on hold due to low sales tax figures

Released by The City of Tyler:

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TYLER, TX (KLTV) - Information from the Texas Comptroller indicates that City of Tyler sales tax revenues deposited for the month of January have decreased 0.8 percent as compared to January 2011, resulting in a 1.66 percent cumulative year-to-date increase.

The reported revenue of $2,688,692 is comprised of $1,792,461 general sales tax revenue and $896,230 half-cent sales tax revenue. The figures represent receipts from November 2011 collections as there is a two-month lag before taxes are reported and remitted back to the City from the State.

"Last month the City saw a 5.34 percent increase in our revenue collections," said City Manager Mark McDaniel.  "So to see a decrease this month is very surprising.  We are investigating the situation to determine if there has been an anomaly that has resulted in this outcome.  However, because our year-to-date increase has not stayed over 3 percent, we will be postponing any employee pay adjustments until such time that the revenues reach the level we had committed to in our annual budget."

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