Sales Tax Collections Trending Up in Sugar Land
Sugar Land, TX - Sales tax collections in Sugar Land continue to grow at a healthy pace despite a one-month anomaly created by an auditing adjustment.
A state audit adjustment of more than $797,700 resulted in a sharp one month decline of Sugar Land sales tax receipts for the month of July, which reflect sales occurring during the month of May.
According to Texas Comptroller's Office, the adjustment was needed for a refund to a Sugar Land utility company that overpaid sales taxes from April 2008 through November 2011. The taxes should have been paid to other jurisdictions.
Without the adjustment, July collections are 17.83 percent higher than the monthly budget and 20.6 percent higher than the adjusted July 2011 allocation. Year-to-date sales tax revenues for Sugar Land are 6.58 percent higher than budgeted.
Sugar Land's tax collections represent more than 50 percent of Fort Bend County's total collections.
"We are very pleased to see the growth in sales tax this year for our city, the county and the state," said City Manager Allen Bogard. "The City intends to follow up with the comptroller's office to further discuss the audit adjustment and the opportunity to repay this over time."