By George Slaughter The Katy City Council Monday adopted a $34.5 million city budget for the 2021-22 fiscal year, and kept its property tax rate the same in doing so. The budget reflects a $576,353, or 1.7%, increase from last year. The largest portion of the budget, public safety, comprises the budget for the police, fire, and animal control departments. Overall, those three departments will have an increased budget of $1.5 million, or 8.4%, from […]
Taxes
State Sales Tax Revenue Totaled Nearly $3 Billion in November
Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.98 billion in November, 6.3 percent less than in November 2019. The majority of November sales tax revenue is based on sales made in October and remitted to the agency in November. “November state sales tax collections continued the trends of recent months, with receipts down from a year ago in all major economic sectors other than retail trade,” Hegar said. “Increased collections from retail […]