Year-to-year comparisons of sales and use tax data released by the Texas comptroller’s office in late April show changes in revenue from March 2019-March 2020 and for the first quarter of 2019 to the first quarter of 2020.
In the Keller-Roanoke-northeast Fort Worth area, the city of Roanoke saw the largest year-over-year decrease in March revenue at 21.08%. The city collected north of $1.8 million in sales and use tax revenue in March 2019 and less than $1.5 million during March 2020.
The city of Fort Worth also saw a decline in revenue of 6.46% when comparing March 2020 to March 2019. In 2019, the city tallied more than $15.3 million in March while bringing in just $14.3 million in 2020.
Bucking the trend, sales and use tax revenue increased by 1.49% in the city of Keller from March 2019 to March 2020. The city raised $1.06 million in 2020 compared to $1.048 million during the same time last year.
Facing similar obstacles, nearby cities of Grapevine, Colleyville and Southlake also saw year-over-year declines in sales and use tax revenue.
From March 2019 to March 2020, revenue decreased by 24.38% in nGrapevine, 12.01% in Southlake and 1.23% in Colleyville. The city of Grapevine saw the largest monetary decline at more than $980,000.
