The city of Princeton received a sales tax reimbursement check from the Texas State Comptroller this month for $240,806, a 3.28 percent increase from a year ago.
Reimbursements to Texas cities were distributed by the comptroller this month for taxes collected on retail sales made in May.
In July 2018, the check to Princeton was $230,151.
This year the city has been reimbursed $1.74 million, an 11.7 percent increase from the $1.56 million received for the same period in 2018.
Statewide, the comptroller distributed sales tax proceeds to cities totaling $488.9 million this month, up 0.4 percent from the July 2018 total.
So far this year, cities in Texas have seen a 4.3 percent increase in sales tax proceeds.
From Staff Reports • [email protected]
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