current event 1/8/16

Longview’s sales tax revenues down 14 percent

Longview sales tax revenues fell 14.11 percent in November compared with a year ago, marking the 11th straight month of declines for the city.

November’s revenue was $2.20 million, down from November 2014’s total of $2.56 million. It is Longview’s lowest allocation to start the year since January 2010.

Sales tax figures represent monthly sales made in November by businesses that report taxes monthly.

Hallsville and Kilgore were some of the area municipalities reporting a positive change, improving by 9.07 percent and 18.19 percent respectively. For Kilgore, it was the first positive return since January 2014’s allocation.

Collections elsewhere in Gregg County continued to drop, according to data released Wednesday by the state comptroller’s office.

Gregg County was down 6.59 percent from a year ago to $3.24 million, with collections elsewhere in the county also continuing to drop. Other than Kilgore, the only Gregg County municipality to show positive movement is the community of Lakeport, up 2.33 percent.

This affects me because my mom has to deal with taxes.

It affects the world because everyone around the world has taxes they have to deal with as well.