September Sales Tax Revenue Up 16.27%
Below are the City of Smithville sales tax allocations for September 2016 vs. September 2015 (retail sales made primarily in July). This data reflects RETAIL sales of goods and services subject to LOCAL sales tax. Our sales tax payment (receipt) for September was $38,056. This represents a 16.27% INCREASE in our net payment compared to the same time last year. Basically, consumers spent more money for local goods and services in July. The Front Room, Honey’s, Olde World Bakery, Mexico Lindo, The Donut Shop, Pockets, Huebel’s, and Bone Spirits seem to be attracting more and more hungry/thirsty patrons to our business district. The local shops, grocers, C-stores, and lodging establishments have also seen an increase in business. Smithville’s year to date sales tax payments total $384,200. The data indicates a positive trend (11.49% increase) year over year with Smithville leading the “municipal pack” achieving the highest percent change in Bastrop County. Sales tax dollars are used to make street / road repairs and help pay for community services like FIRE and POLICE. Remember…SHOP LOCAL - it makes a difference!!!
