Edinburg started 2009 with a great economic thrive. Ramiro Garza, Executive Director for the Edinburg Economic Development Corporation has announced new numbers for the month on January. Edinburg, according to Texas Comptrollers Office, has generated over $1.19 million in local sales taxes, a 15% increase from January 2008 which saw $1,040,411.98 in sales taxes.
The local sales taxes are generated by the city’s one and a half cent local sales tax and the half-cent economic development sales tax that is administered by the EEDC.
The City of Edinburg continues to be a thriving business community and has yet to feel the economic strain that is echoed across the country.