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Tuesday, 21st October 2014

in Bee Cave TX 78738

Bee Cave Weather

Sales Tax continues to climb

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Bee Cave gets over 80% of its income from Sales Tax - HCG, The Shops, HEB, Target and Home Depot all collecting 2.25% for local coffers.

 

May was up almost $50,000 year-on-year and June was up by over $145,000 and they are on target for a half million dollar increase over last year.

 

Lakeway only gets about 25% of its income from its 1.75% Sales Tax rate and has seen just uner a 5% increase. But the City had budgeted 9-10% increases.

 

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