Keller, Roanoke see steady increase in sales tax revenue

Posted Tuesday, Jul. 30, 2013  comments  Print Reprints

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Sales tax revenue continues to increase in Keller and Roanoke with both cities showing a steady increase over last year.

In Keller, the July report from the comptroller’s office shows a 4.6 percent increase.

“It’s steady growth ... obviously, we’re happy to see that,” said Steve Polasek, city manager. “It’s good for our local economy. We’re optimistic that growth will continue in the future.”

The figures released show a $31,566 increase over the July 2012 numbers.

The fiscal year to date through July has exceeded the budgeted amount by $442,400 — or 6.2 percent — which represents a 6.9 percent increase compared to the same period last year, according to information released by Keller Mayor Pat McGrail in a weekly update.

“For 30 of the last 34 months, total sales tax rebates have represented an increase over the same month of the previous year,” McGrail said.

Roanoke also saw an increase for July, up more than 19 percent from the same time period last year.

“This increase was quite a bit larger than what we have been had throughout the year,” said Vicki L. Rodriquez, director of fiscal and administrative services. “Year to date we are experiencing about a 4 percent overall growth in sales tax.”

Roanoke City Manager Scott Campbell said he is pleased with the reports.

“We are seeing a pretty good pattern right now. We’re going to exceed budget for this year, which is going to help us with our planning for next year,” he said. “It’s good all the way around for Roanoke right now.”

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