New businesses in Early are continuing to pay off for the city.
That's how City Administrator Ken Thomas explained the fifth consecutive month of strong growth in the city's sales tax allocation.
The city's September allocation of $87,450 reflected a 12.1 percent growth over the September 2012 allocation of $78,002.
September allocations are a reflection of July sales.
"We just keep adding (businesses)," Thomas said. "It's looking better. Hopefully that's something that will last for awhile."
Year-to-date, Early's allocations total $793,980, a 3.3 percent increase over last year's $768,509.
Brownwood's allocation of $461,900 was slightly lower — .31 percent — than last year's allocation of $463,370.
"While the change is a reduction, it is being affected by non-current factors that have “flipped” what was actually a pretty positive month," Finance Director Walter Middleton said. "Of course, that’s bad news for the budget because we had projected an increase."
The city's sales tax revenue came in at $123,089 under budget, Middleton said. The city has been making up the shortfall with water sales, but Middleton said he does not yet know how those numbers will finally offset.
Year-to-date, Brownwood's allocations total $4.56 million, a .69 percent increase over 2012's $4.53 million.
Bangs' September allocation of $9,783 was 13.1 percent higher than last September's allocation of $8,645. Year-to-date, Bangs' allocations total $93,411, a 1.28 percent decrease over last year's $94,627.
Blanket's September allocation of $2,378 was 115.8 percent higher than last September's allocation of $1,101. Year-to-date, Blanket's allocations total $17,525, a 7.7 percent increase over last year's $16,268.
The total for all four municipalities in September was $561,513, a 1.8 percent increase over last September's $$551,119. Year-to-date, allocations total $5.47 million, a 1.05 percent increase over last year's $5.41 million.
Texas Comptroller Susan Combs announced that state sales tax revenue in August — also a reflection of July sales — was $2.39 billion, up 2.1 percent compared to August 2012.
“The latest monthly gains were led by sectors such as construction and the restaurant industry,” Combs said. “For the recently ended fiscal year, state sales tax revenue totaled $25.8 billion, an increase of 7.2 percent from fiscal 2012. Both business and consumer spending contributed to the gains for the year.”
Combs is sending cities, counties, transit systems and special purpose taxing districts their September local sales tax allocations totaling $575 million, up 2.8 percent compared to September 2012.