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 Total Revenues (through July 2022) = $6,380,380.38 (7.39% increase from previous year)
  • NOTE:  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 reporting month of June 2022. 
    
  • NOTE:  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 reporting month of March 2021. Therefore, the reporting March 2022 data will be significantly less than 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.