Information from the Texas Comptroller indicates that the City of Tyler sales tax revenues have increased 8.77% as compared to this period in 2007 and increased 6.36% over 2007 year-to-date figures.
The reported revenue of $ 3,680,031.40 is comprised of $2,453,354.27 in general sales tax revenue and $1,226,677.13 from half-cent sales tax revenue. The figures represent receipts from March collections, as there is a two month period before revenue is reported.
"I am very pleased to see the Tyler market staying strong," said City Manager Designate Mark McDaniel. "Our sales tax revenues have consistently grown which is a positive statement about Tyler's diverse economy."
The 8.77% current month increase compares to the statewide average for Texas cities of 1.38%.