Sales Tax Revenues

Sales Tax Revenues have continued to increase year after year...even during the COVID-19 Pandemic! 

Fiscal Year Sales Tax Revenues

Click here for a Fiscal Year Sales Tax Revenue Report

The City of Saginaw municipal year is based on October through the following September. Below are Fiscal Year Sales Tax Revenues as reported by the Texas State Comptroller's Office:

• Fiscal Year 2021-22 (through March 2022):  Total Revenues = $3,646,158.05 (-2.08% decrease from previous year)
  • Last year, the State Comptroller's Office ran an audit that corrected some errors on their end that gave Saginaw a significant increase in revenues for the month of March 2021.
• Fiscal Year 2020-21:  Total Revenues = $7,236,582.55 (21.46% increase from previous year)
• Fiscal Year 2019-20:  Total Revenues = $5,957,804.98 (6.72% increase from previous year)
• Fiscal Year 2018-19:  Total Revenues = $5,582,848.90 (6.73% increase from previous year)
• Fiscal Year 2017-18:  Total Revenues =  $5,257,738.16 (3.19% increase from previous year)
• Fiscal Year 2016-17:  Total Revenues = $5,091,389.00 (6.91% increase from previous year)

In non-technical language, what this means is that the Saginaw economy and businesses are doing well. Our Saginaw residents (and non-residents) are shopping at our local Saginaw businesses...and that is a good thing.

Monthly Sales Tax Revenues

Earlier this month, we received the sales tax revenue report from the Texas State Comptroller’s Office. In March 2022, we received $765,695.45 in sales tax revenues which is our largest monthly sales tax revenues for any month in Saginaw's history. The only exception to this is that last year the State Comptroller's Office ran an audit that corrected some errors on their end that gave Saginaw a significant increase in revenues for the month of March 2021. Therefore March 2022 revenues are less than March 2021's revenues.

Below are Monthly Sales Tax Revenues as reported by the Texas State Comptroller's Office: