County’s Sales Tax Revenue Already Past $2 Million Mark
Soaring property values aren’t the only thing bringing more tax income to Fayette County. Sales tax receipts are soaring too. With receipt of August’s payment from State Comptroller Glenn Hegar, Fayette County has taken in more than $2 million so far in 2022. That’s up 33.3% from the same time last year. In terms of actual dollars, the county’s sales tax income is more than half a million dollars greater than it was the first eight months of 2021. Of the nine area counties that levy the optional local sales tax, Fayette County has grown more than all but one. Burleson County’s revenue is up 36.0% from this time last year. All nine counties have seen growth this year, and all but one (Caldwell County) have doubledigit increases.