Southlake Journal

September 2, 2014

Colleyville’s sales tax revenues better than 2013

City official says the city’s developments are building momentum.

Colleyville recorded the fourth straight monthly increase in sales tax revenue year-over-year in July.

The city saw a 10.9 percent increase in sales tax revenue over the same month a year ago.

“We’ve built some momentum,” Economic Development Director Marty Wieder said.

Wieder said the news that Whole Foods was coming to Colleyville might have “led more people to come to town.”

The July numbers showed 270,742 into the general fund, a $26,789 increase over last year.

Here are the previous three months’ figure:

April - $203,833

May - $353,866

June - $243,756

Sales tax revenue goes into the general fund as well as to crime control and economic development.

The city is expecting 17 businesses to open this year, including Zoe’s Kitchen in Colleyville Downs along Colleyville Boulevard, Sit N Stay Pet Retreat at 8300 Precinct Line Road, Bahama Bucks at 4605 Colleyville Boulevard.

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