City of Abilene Sales Tax Revenue for Economic Development
FY16 - September 2019
Updated on 09/19/2019
Source: City of Abilene
Sales Tax Revenue
City of Abilene
The total sales tax rebate for September which represents July sales is $3,986,617.81. This is 11.01% above last year and 11.02% above the projected FY 19 budget amount.
The total sales tax rebate was breakdown into
General Fund $ 2,989,963.36
Economic Development $ 996,654.45
Of this rebate, $236,239.32 is from prior periods, audit payments, future payments, and unidentified payments.
For the period of 2019 fiscal year, October 2018 through September 2019, sales tax is 2.49% above last year and 1.18% above the approved FY19 budget amount.
The details were provided by the state.