Michigan – Sales Tax Revenue Shortfall

SALT Report 3810 – “Business taxes are among several economic variables that are directly affecting Michigan’s tax collections, said Jay Wortley, director of the state treasury’s Office of Revenue and Tax Analysis. He said a decline in U.S. corporate profits in Continue reading Michigan – Sales Tax Revenue Shortfall

Texas – Longview Sales Tax Revenues Continue to Slide

www.cbs19.tv November 6, 2015 “This calendar year, revenues in Longview are down about five percent from 2014. It’s a loss of about $1.5 million. Meanwhile, Tyler sales tax revenues are up 2 percent. Longview’s assistant to the city manager, Shawn Continue reading Texas – Longview Sales Tax Revenues Continue to Slide

Kansas – Gov. Sam Brownback’s Fantasyland vs. the Real Kansas Sales Tax Shortfall

www.kansascity.com by Yael T. Abouhalkah – November 5, 2015 “Sales tax revenue was up 4.1 percent in the United States for April through June 2015, the most recent months for which data are available. However, Kansas sales tax receipts fell Continue reading Kansas – Gov. Sam Brownback’s Fantasyland vs. the Real Kansas Sales Tax Shortfall

Colorado – Marijuana Sales Tax Revenue Allocation Vote

SALT Report 3741 – Voters in Colorado and Denver agreed to let the government keep the revenue from sales tax on marijuana sales, with a pair of measures on the matter passing, overwhelmingly. The two measures on the Nov. 3 Continue reading Colorado – Marijuana Sales Tax Revenue Allocation Vote

Texas – $616.2 Million In Local Tax Distributions For October 2015 Are Down .9% Compared To October 2014

SALT Report 3726 – On October 7, 2015, Texas Comptroller Glenn Hagar announced the distribution of local sales tax allocations to cities, counties, transit systems and special purpose taxing districts of $616.2 million. “The modest growth in state sales tax Continue reading Texas – $616.2 Million In Local Tax Distributions For October 2015 Are Down .9% Compared To October 2014

New York – Sales Tax Money from Uber Could Help Fix MTA Budget Gap as Yellow Cab Rides Fall, Group Says

Nydailynews.com by Dan Rivoli “The idea that would haul in the most money would provide the MTA all the sales tax money levied on Uber and black car rides that now goes to city and state coffers. Charging a 7.7% Continue reading New York – Sales Tax Money from Uber Could Help Fix MTA Budget Gap as Yellow Cab Rides Fall, Group Says

Texas –Sales Tax Revenue Declines

SALT Report 3708 – In August 2015, the state’s largest source of income, sales tax revenue, dropped 0.4% to $2.6 billion from the previous August. State sales tax revenue grew for 62 straight months until June 2015, when revenue dropped Continue reading Texas –Sales Tax Revenue Declines

Kansas – Kansas Lawmakers Voice Concern Over Lower-Than-Expected Sales Tax Revenue

By JONATHAN SHORMAN Topeka Capital-Journal “TOPEKA — Lawmakers expressed concern Monday about months of less-than-expected sales tax revenue as Kansas moves forward with a budget that depends on collecting more from consumers. Senators and representatives probed legislative staff over possible Continue reading Kansas – Kansas Lawmakers Voice Concern Over Lower-Than-Expected Sales Tax Revenue

Texas – Sales Tax Allocations Released

Salt Report 3634 – Texas State Comptroller Glenn Hegar released sales tax allocation numbers for May 2015. The report shows that the growth in allocations for Brownwood and Early were 3.78% and 2.30% respectively over the same month last year.  Blanket Continue reading Texas – Sales Tax Allocations Released