Collections of sales taxes are up in most of east Williamson County, particularly in Taylor.
The city collected $849,121 in sales taxes in July, up 91.94% from July 2021’s figures of $442,381. In 2022 thus far, Taylor has collected $4,228,797.14, up 29.99% from $3,252,931.42 at this time last year.
Hutto’s sales taxes collected in July were $928,575, up 20.39% from $771,528.97 in July 2021. This year, Hutto has collected $5,955,416.59, up 16.07% from $5,955,416.59 at this time last year.
Thrall’s July figures of $8,379.20 are up 31.13.% in comparison from last July’s $6,389.89. Thrall has collected $63,477.88 so far this year, up 24.43% from $51,014.22 one year earlier.
Granger is up more than 10% in both July and year-to-date figures compared to last year. Granger’s July collections went up from $9,007.06 last year to $8,926.23. Year-to-date totals from this time in 2021 to 2022 are up from $64,573.42 to $71,484.83.
Coupland has started to collect fewer sales taxes after their sales tax rate lowered from 2% to 1.25% as of April. The city collected $3,379.85 in July, down from $5,060.99 in July last year. Year-to-date, Coupland is 3.83% down from this point last year with $33,799.76 collected in 2022.
Williamson County’s government does not impose a sales tax. Less than half of Texas counties, 124 out of 254, collect a sales tax. Bastrop and Milam are the two closest examples of counties with a sales tax.
For more information, visit https://comptroller.texas.gov/transparency/local/allocations/sales-tax/cities-by-county.php.
WHAT ARE SALES/USE TAXES?
Texas imposes a 6.25% state sales and use tax on all retail sales, leases and rentals of most goods, as well as taxable services. Local taxing jurisdictions can also impose up to 2% sales and use tax for a maximum combined rate of 8.25%.
Taylor and Hutto each levy a 2% sales tax for a combined rate with the state of 8.25%. Thrall, Granger and Coupland levy 1.25% sales taxes to combine with the state at 7.5%.
Source: http://www.comptroller.texas.gov
