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Sales tax gold
Comments 0 | Recommend 0City reaps large sales tax return
August's sales tax returns are close to a record in Odessa. The city is expecting a return of $2,527,614.61 - that's just $66,016.24 behind the record of $2,593,630.85 set in February this year, according to the state comptroller's website.
The city also broke $2.3 million in May 2008 as well as in February 2007.
Of this month's return of $2,527,614.61 - which is based on sales taxes collected in June - the city gets $2,022,091.69 and the Odessa Development Corp. gets $505,522.92.
This month's return is 20.16 percent higher than the $2,103,434.85 returned in August 2007.
Meanwhile, the Ector County Hospital District is expecting August gold, as well. It's looking at a return of $2,220,018.31, about 19.43 percent greater than the $1,858,817.84 collected this time last year.
AT A GLANCE
While Odessa neared a record, it also appeared to be a banner sales month for more than a dozen other Permian Basin communities.
August sales tax return numbers:
>> Alpine $94,574.93, up 17.90 percent.
>> Andrews $355,098.34, up 22.17 percent.
>> Big Lake $80,399.07, up 6.77 percent.
>> Big Spring $680,541.13, up 33.82 percent.
>> Crane $55,638.82, down 4.09 percent.
>> Ector County Hospital District $2,220,018.31, up 19.43 percent.
>> Fort Stockton $319,841.29, up 41.96 percent.
>> Goldsmith $20,467.47, up 93.93 percent.
>> Grandfalls $3,375.36, up 40.99 percent.
>> Kermit $56,379.58, up 17.96 percent.
>> Lamesa $138,721.11, up 18.45 percent.
>> Marfa $23,335.48, up 2.43 percent.
>> McCamey $33,660.62, up 13.4 percent.
>> Midland $4,055,720.14, up 27.73 percent.
>> Monahans $162,508.20, up 19.96 percent.
>> Odessa $2,527,614.61, up 20.16 percent.
>> Pecos $164,289.76, down 1.13 percent.
>> Presidio $39,942.98, down 4.69 percent.
>> Pyote $1,895.97, up 83.68 percent.
>> Rankin $6,517.51, down 23.92 percent.
>> Seminole $117,969.37, up 17.53 percent.
>> Stanton $39,794.29, up 23.79 percent.
>> Toyah $901.95, down 21.74 percent.
>> Wickett $9,274.51, down 12.35 percent.
>> Wink $15,218.48, up 100.41 percent.
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