ALAMO, RGV – Matt Ruszczak has confirmed that sales tax revenues continue to go up in the Rio Grande Valley.
Looking at the latest numbers issued by the Texas Comptroller’s Office, the executive director of Rio South Texas Economic Council says the four-county Valley region experienced a 13.49 percent increase in sales tax collections in July, 2019 – as compared to the same month last year.
“This is a very, very, very, good figure,” Ruszczak said.
What makes the percentage increase even more impressive, Ruszczak said is that there was one less Sunday in July 2019 than July 2018.
Hidalgo County’s increase in sales tax revenues for July 2019 was up a whopping 16.79 percent, compared to the same month last year. Cameron County’s increase was up 12.89 percent, and Starr County’s increase was up by a huge 17.5 percent.
Willacy County’s sales tax revenues for July 2019 were down 12.89 percent but Ruszczak said this county’s numbers have been fluctuating all year. He noted that year to date, Willacy County’s numbers were up 14 percent. “It looks like an aberration,” Ruszczak said.
Across the Valley as a whole, the year to date increase in sales tax revenues is four percent.
The July sales tax revenue figures for the state of Texas show a healthy increase of 9.35 percent. The increase for Nueces County is 8.86 percent, while the increase for Webb County is 9.21 percent.
In the above podcast, Ruszczak also looks at individual cities in the Valley.
Editor’s Note: The main image accompanying the above podcast shows the Rio Grande Valley Premium Outlets in Mercedes, Texas.