The city raked in about $3.33 million, bringing the year-over-year growth to 32.65%, data shows. (Courtesy Adobe Stock)
Georgetown saw its greatest year-over-year increase in sales tax revenue so far this year in September, according to data released in November by the Texas State Comptroller's Office.
The city raked in about $3.33 million, bringing the year-over-year growth to 32.65%, data shows.
In late March, when the coronavirus pandemic first began in Central Texas, city officials feared that the closing of stores in April would negatively impact its sales tax revenue, which funds about 8.4% of the city’s budget.
That proved not to be the case; in fact, Georgetown retail spending has exceeded expectations, recording year-over-year increases each month in 2020 despite the coronavirus pandemic, data shows.