City Of Tyler Sales Tax Revenues Up From 2007 - KLTV.com - Tyler, Longview, Jacksonville |ETX News

06/13/08 - Tyler

City Of Tyler Sales Tax Revenues Up From 2007

Information from the Texas Comptroller indicates that the City of Tyler sales tax revenues have increased 13.48%, as compared to this period in 2007, and increased 7.06% over 2007 year-to-date figures. 

The reported revenue of $ 2,904,227.34 is comprised of $1,936,151.56 in general sales tax revenue and $968,075.78 from half-cent sales tax revenue.  The figures represent receipts from April collections, as there is a two month period before revenue is reported.

Of the 13.48% increase in, approximately 1% was from future period collections - those who paid in advance.  The 13.48% current month increase compares to the statewide average for Texas cities of 8%. 

 "Not including the 1% comprised of advance payments, the City's tax collections are still nearly 4% above the state average," said City Manager Designate Mark McDaniel.  "This is a positive statement about Tyler's diverse economy and the regional draw of our retail, dining, education and medical care."

ckhalil@kltv.com

Powered by Frankly