City of Lubbock, Other Areas Around South Plains See Sales Tax Payment Increase
The City of Lubbock’s share of the state sales tax has increased from last May, according to the Texas Comptroller’s Office.
Lubbock’s sales tax payment will be nearly $5,235,000, up 3.08 percent from the same time last year. So far this year, the City of Lubbock has received about $22,181,000 in sales tax payments for 2011, up 4.7 percent from this time in 2010. County-wide, the sales tax payment has increased by 3.28 percent.
These funds come from sales tax payments to the state by each area. As spending increases in an area, the area’s sales tax payment increases with it.
Lynn County’s payment jumped 54.55 percent from May 2010, largely due to Tahoka’s increase of 91.19 percent, leaving their May 2011 payment at over $20,600. Wilson’s sales tax payment this month decreased by 42.63 percent.
The payment to Hockley County also increased sizably, raising 16.5 percent to $381,864. Levelland’s payment will be slightly over $304,500, an increase of nearly 21.5 percent. Ropesville also posted a 183 percent increase for May 2011 over the same period in 2010, receiving a payment of $5,918.
Post has also seen a 14.37 percent increase, receiving just over $107,000. Sweetwater’s payment has increased 3.31 percent to over $297,000 this May, and Brownfield’s increased 21.72 percent. They will receive over $139,000.