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Sales taxes remain strong for county, city of Graham

Fri, 08/17/2018 - 10:03 am
editor@grahamleader.com

The city of Graham and Young County continue to perform well in accruing sales tax rebates in July, continuing an upward trend seen so far this year.

Texas Comptroller Glenn Hegar will send cities, counties, transit systems and special purpose taxing districts $842.7 million in local sales tax allocations for August, 8.2 percent more than in August 2017.

These allocations are based on sales made in July by businesses that report tax monthly.

Graham’s rebate this month from its 1.5 percent rate is $234.434.52, up 3.23 percent compared to the $227,089.70 rebate received during the same month last year.

So far this year, the city’s rebates are up 6.51 percent, to $1,571,405.05, compared to $1,475,277.62 received at this time last year.

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