Retail trade continues to grow in Edinburg, according to figures released April 8 by the state comptroller’s office.
For March, Edinburg’s sales tax collections were up 10,94 percent over March 2008. The city’s share of sales tax revenue is $1,146,941.32 for the month.
For the year to date, Edinburg is up 14.64 percent over 2008. The city has collected $5.1 million in sales tax revenue so far this year.
Statewide sales tax collections were not so bright for the month of March. Texas Comptroller Susan Combs said the state received $1.58 billion in sales tax revenue in March, down 3.8 percent compared to March 2008.
“Continued weakness in many important sectors, such as retail trade, mining and construction, resulted in a significant decrease in March sales tax collections,” Combs said. “While year to date sales tax revenue is up 1.9 percent for fiscal 2009, further declines are expected this year.”
March state sales tax revenue and April payments made to local governments represent sales that occurred in February.
For the year to date, McAllen sales are down 4.84 percent, Mission is down 1.40 percent, Pharr is down 6.04 percent, and Weslaco is up 4.53 percent.