Dublin sales tax collections were down in December 2023 at 7.5% lower compared to December 2022, according to the state sales tax report released by Texas Comptroller Glenn Hegar.
For the month of December 2023, Dublin received $60,315.08, compared to $65,246.59 in December 2022.
(Sales tax reports generally reflect sales from two months prior as the local sales are reported to the state which processes them and disburses sales tax back to the local entities.)
Hegar said state sales tax revenue totaled $4.02 billion in January, 2% less than in January 2023. The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January.
“For the second time since pandemic restrictions were lifted, monthly state sales tax collections fell compared with the same month the year before,” Hegar said. “A contributing factor was higher-thannormal refund activity, but several sectors that have been trending downwards in recent months continued to show weakness in January.
“Remittances from the wholesale trade sector were down for the ninth time in 10 months, and receipts from manufacturing were down for the fourth time in five months. Receipts from the oil and gas mining sector were down for the second month in a row. In the major sectors driven primarily by business spending, remittances from the construction sector were the lone positive standout, increasing by mid-single digits compared with a year ago.
“Overall, receipts from the consumer-driven retail trade sector were just slightly above last year, but with receipts from most retail subsectors down. Receipts from electronics and appliance stores were down the most, followed by declines from clothing and apparel stores. Remittances from home improvement centers and furniture and home goods stores continued to decline significantly, as has been the case in recent months following the pandemicspurred boom in those categories. Receipts from general merchandisers also fell. Receipts from online merchants were the bright spot among the large retail trade subsectors, with remittances coming in strongly over January 2023 totals.
“ Receipts from restaurants grew in the mid-single digits and slightly higher than the inflation rate for food away from home.”
Total sales tax revenue for the three months ending in January 2024 was up 1.6% compared with the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 57% of all tax collections.
City Dec.2023 Dec.2022 Rate Dublin $60,315.08 $65,246.59 -7.55% Stephenville $906,072.50 $889,028.61 1.91% DeLeon $52,225.62 $45,057.63 15.90% Comanche $144,471.51 $158,129.08 -8.63% Hico $53,377.46 $54,560.86 -2.16% Hamilton $90,018.9 $94,356.35 -4.59%