Sales tax rebates reflect growth

   Bay City sales tax rebates for October show continued retail growth, with the year-to-date totals nearly 15 percent higher than the same period last year. 
   The October check for Bay City was $435,887, an 11 percent increase from $391,263 the city received for the same month in 2014. 
   For the year, the sales tax allocations from the State Comptroller’s Office total $4.5 million, up 14.8 percent from the year-to-date payments last year of $3.9 million.  
   In Palacios, the October rebates to the city totaled $50,602, a 1.3 percent increase from last October’s check of $49,952. 
   For the year, Palacios’ allocations total $504,225, a 9 percent drop from the same period in 2014 that tallied $556,522.  
   These allocations are based on monthly sales made in August by businesses that report tax monthly.  

Rate this article: 
No votes yet