Local sales rebound good news for county and city taxpayers

Local shoppers are finally bringing smiles back to Orange County government. With most local municipalities dependent on monthly sales tax revenue to provide almost half of their annual revenue, cities closely watch the monthly sales tax allocation that is collected by retailers, sent to Austin and then the local share is returned to the jurisdiction where it was originally collected. With the exception of Orange and Pine Forest, the county and its municipalities have seen less money coming back from Austin as retail sales diminished compared to 2016.

 

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