Texas sales tax allocations for 2021 continued to increase in the month of October. Texas Comptroller Glenn Hegar announced Oct. 6 that his office would be sending $906.6 million in local sales tax allocations to local governing bodies.
The figure is a 20.6% increase from October 2020, as businesses continue to recover from the pandemic. The allocations come from sales made in August.
Montgomery County municipalities generally mirrored the upward trend, with county seat Conroe recording a 29.7% increase in allocations from the previous October. Conroe will receive $4.9 million in allocations, up from $3.8 million in October 2020.
The steepest recorded increase in the county came in Magnolia, with a 92.88% increase from 2020. The increase is reflected in a 2021 allocation of $433,591.74.
Magnolia had to repay an overpayment of allocations in March and April 2020, city officials told Community Impact Newspaper.
The two special purpose districts of The Woodlands both also saw increases, with The Woodlands Economic Development Zone showing a 36.03% increase from 2020, translating to a $2,269,461.32 allocation for October 2021. Meanwhile, the Woodlands Township district received a $2,245,782.17 allocation in October, which is a 16.96% increase from the previous year.