Tyler’s Sales Tax Figures Jump

TYLER � Tyler’s sales tax figures continue to head upward. The state comptroller’s office reports Tyler’s sales tax revenues deposited for the month of December have grown 10.64% as compared to December of last year. This has resulted in a cumulative year-do-date increase of 3.16%. The reported revenue of $2,804,271 comprises $1,869,514 general sales tax revenue and $934,757 half-cent sales tax revenue. The figures represent receipts from October 2012 collections as there is a two-month lag before taxes are reported and remitted back to the City from the State.

�We are pleased to see an uptick in our sales tax revenue and hope that a positive trend from month to month will develop over the next several months,� said City Manager Mark McDaniel. �The three percent cumulative growth is just above what we were projecting, so we are on the right trajectory compared to budget.�