The Village of Salado is among the 10 Bell County cities to see an increase in sales tax rebates for September 2024, when compared to 2023.
The Village will receive $74,568.53 an increase of 16.49% compared to last September’s payment of $64,007.61. For the year, The Village is running 6.65% over year-to-date payments in 2023: $665,500.05 compared to $623,970.04 through September 2023.
Rogers was the only Bell County city to show a decline in sales tax rebate in September. Sales tax rebates to Rogers were $13,060.78, compared to $43,090.07 in September 2023.
Several Bell County cities are running in the double digits ahead of last year-to-date, including Nolanville (17.04%), Little River Academy (14.72%), Holland (13.26%), Troy (13.01%), Morgans Point Resort (10.31%).
Bell County showed a 23.40% increase in sales tax revenues compared to the previous year. The County’s September payment is $3.18 million, compared to $2.58 million last September.
The Village is one of three Bell County cities to levy a 1-cent sales tax, while seven other Bell County cities levy a 1.5 cent sales tax and Rogers levies a 1.25 cent sales tax.
The Salado Public Library District and Bell County each levy a half-cent sales tax.
For that half-cent tax, Salado Public Library District received a $67,152.57 September check, which was 25.92% more than last September’s payment of $53,326.53. For the year, the Library District has received $554,805.53, which is 10.04% more than the $504,172.74 paid through September 2023.
Texas Comptroller Glenn Hegar announced Sept. 11 that he would send $1.1 billion in local sales tax allocations for September, 6.3% more than in September 2023.
These allocations are based on sales made in July by businesses that report tax monthly.
The comptroller sent rebates totaling $730.7 million to Texas Cities, an increase of 6.3% over last September.
Counties received $238.5 million in sales tax rebate checks, an increase of 5.8% over September 2023.
The comptroller sent $70.9 million to transit systems for September, an increase of 7.8% over September 2023.
Special purpose districts received $109.3 million in sales tax rebate checks for September, 6.3% more than September 2023.