Cross Timbers Business Report, Volume 3, Number 1, Winter 1988 Page: 2
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Retail sales continue strong in second quarter
According to the latest Sales and Use Tax
Analysis by the State Comptroller, retail sales of
four Cross Timbers counties continued their
strong performance in the second quarter of
1988. Aggregate sales for the first six months of
last year were also higher than the year before.
Second quarter, 1988 retail sales of
Erath county totaled $42.7 million. This value
was 6.5 percent above the total for the same
period the year before and 9.9 percent greater
than the April-June span of 1986. Total sales for
the first six months of last year were $81.2
million. This aggregate represented gains of
seven and four percent over the values posted in
1987 and 1986.
Bosque county recorded $13.1 million in
retail sales between April and June of last year.
This figure was 13.9 percent higher than the
value for the same period one year before and
13.5 percent above the total for the second
quarter of 1986. Total sales for the January-
June period of last year were $24.8 million. This
figure compares to $21.3 million for the same
period in 1987 and $22.2 million for the first six
months of 1986.
In Comanche county, retail sales for the
second quarter of last year were 15.4 million.
This value represented gains of 6.7 percent over
the year before and 11 percent over the same
span in 1986. Aggregate sales for the first six
months of 1988 were $28.5 million, represent-
ing avances of 4.6 percent and eight percent over
the figures posted in 1987 and 1986.
Eastland county's retail sales totaled
$24.4 million in the second quarter of last year.
This figure was 4.7 percent greater than the total
for the same period the year before and 10.8
percent above the figure posted two years previ-
ous. Total sales for the January-June period of
1988 were $45.6 million. This value represented
advances of 4.5 percent and 2.6 percent over the
figures for 1987 and 1986.
Cross Timbers IBusiness eport
The Cross Timbers Business Report is a
quarterly publication which is presented as a service
to area residents by Tarleton State University. This
report is distributed without charge to any interested
person or organization. To subscribe contact William
L. Beaty, Editor, P.O. Box T-2006, Tarleton Station,
Only Hamilton county realized a retail
sales loss in the second quarter of last year. Its
sales total of $8.5 milion was 13.3 percent below
the figure for the previous year and 14.2 percent
less than the value posted two years earlier.
Hamilton county's retail sales for the first two
quarters of last year totaled $17.6 million. This
figure compared to aggregates of $18.7 million
and $18.6 million for the same periods in 1987
Sales tax levels down
after strong start
Sales tax allocations from the State
Comptroller's office to the City of Stephenville
began 1988 at a pace significantly greater than
that of the year before. After the first quarter,
however, sales tax levels fell off and the city
ended the year with a total below that of 1987.
Among other area cities, only Comanche re-
ported lower allocations in 1988 than in the year
Stephenville received a total of $983,743
in allocations between January and December
of 1988. This figure was 5.3 percent less than
the value noted the year before but was 4.6
percent greater than the total allocation for
1986. Comanche also noted an allocation de-
cline from $194,289 in 1987 to $194,081 last
year. Comanche's allocation total for 1988 was
0.6 percent greater than the figure for 1986.
Eastland's allocation figure of $311,834
was two percent above the value for the year
before, but was 2.4 percent less than the total for
1986. The City of Dublin received $85,753 in
allocations last year. This total was 0.7 percent
above the 1987 level, and 9.9 percent greater
than the value of 1986. Hamilton's allocation
total of $134,775 was eight percent above the
total for the year before, but was only 0.3 percent
greater than the figure for 1986.
Each month the State Comptroller sends
checks to all cities in Texas who choose to levy
the one or one and one-half percent sales tax
allowed by state law. Movements in allocations
roughly mirror movements in these cities' tax-
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Tarleton State University. Department of Social Sciences. Cross Timbers Business Report, Volume 3, Number 1, Winter 1988, periodical, Winter 1989; Stephenville, Texas. (texashistory.unt.edu/ark:/67531/metapth298182/m1/2/: accessed October 17, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Tarleton State University.