Sales taxes indicate local stores enjoying higher sales - KCBD NewsChannel 11 Lubbock

Sales taxes indicate local stores enjoying higher sales

LUBBOCK, TX (KCBD) -

Lubbock sales tax receipts are up 6.2% for the January allocations, according to the Texas Comptroller.  In a statement released Wednesday morning, the Comptroller says Lubbock will be paid $4.1 million in sales taxes, as compared with just under $3.9 million at this same time last year.   The Comptroller says Lubbock County will be paid just under $1.4 million, which is up 4.4% from last year.

Sales tax collections are an important indicator of economic health because it shows whether or not consumers are spending in local businesses.

Looking around the region, Brownfield is up 11.4%; Floydada is up 4.2%; Levelland is 3.4%; Littlefield is up 31.2%; Plainview is down 5.7%; Post is up 27.1%; Ralls is down 5.9%; and Tahoka is up 5.4%.

On the whole, statewide sales tax collections are up 9.1%, and collections by Texas cities are up by an average 8.3%. 

Copyright 2012 KCBD NewsChannel 11

  • Local News on KCBD.comNewsMore>>

  • Shooting survivors on potential collision course with Trump

    Shooting survivors on potential collision course with Trump

    Saturday, February 17 2018 11:00 PM EST2018-02-18 04:00:42 GMT
    Monday, February 19 2018 7:03 AM EST2018-02-19 12:03:43 GMT
    Pressure is growing for tougher gun-control laws after a shooting at a Florida high school that killed 17 people.
    Pressure is growing for tougher gun-control laws after a shooting at a Florida high school that killed 17 people.
  • Your local need to know

    Your local need to know

    Monday, February 19 2018 7:03 AM EST2018-02-19 12:03:21 GMT
    A look at local, breaking, and upcoming events. 1. Slaton Shooting Investigation     One man injured and another is in custody after a shooting, Saturday night, in Slaton. 2. Drunk Driving Crash Arrest     20 year old man arrested for intoxication assault after crash near 4th Street and Toledo Avenue. 3. Woman Injured in Wrong Way Crash     Man arrested for DWI after police say he hit an SUV during a wrong-way crash on South Loop 289....
    A look at local, breaking, and upcoming events. 1. Slaton Shooting Investigation     One man injured and another is in custody after a shooting, Saturday night, in Slaton. 2. Drunk Driving Crash Arrest     20 year old man arrested for intoxication assault after crash near 4th Street and Toledo Avenue. 3. Woman Injured in Wrong Way Crash     Man arrested for DWI after police say he hit an SUV during a wrong-way crash on South Loop 289....
  • Trump stays quiet on shooting victims, fumes over Russia

    Trump stays quiet on shooting victims, fumes over Russia

    Monday, February 19 2018 1:00 AM EST2018-02-19 06:00:59 GMT
    Monday, February 19 2018 7:03 AM EST2018-02-19 12:03:17 GMT

    In a series of furious tweets from Mar-a-Lago, Trump vented about Russia, raging at the FBI for what he perceived to be a fixation on the Russia investigation at the cost of failing to deter the attack on a Florida high school.

    In a series of furious tweets from Mar-a-Lago, Trump vented about Russia, raging at the FBI for what he perceived to be a fixation on the Russia investigation at the cost of failing to deter the attack on a Florida high school.

Powered by Frankly