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

SALES TAX REVENUES:  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 SALES TAX – “REVENUES”:
  • Fiscal Year 2022-23 Total Revenues = $2,636,687.85 – through January 2023 (11.57% increase from the previous year)
  • Fiscal Year 2021-22 Total Revenues = $7,762,572.97 (7.27% increase from previous year)
  • 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)

• FISCAL YEAR SALES TAX – “MONTHLY AVERAGES”:
  • Fiscal Year 2022-23 Monthly Average:  $659,171.96 (October 2022 through January 2023: 4 months)
  • Fiscal Year 2021-22 Monthly Average:  $646,881.07
  • Fiscal Year 2020-21 Monthly Average:  $603,048.50
  • Fiscal Year 2019-20 Monthly Average:  $496,483.74
  • Fiscal Year 2018-19 Monthly Average:  $465,237.40
  • Fiscal Year 2017-18 Monthly Average:  $438,144.84
  • Fiscal Year 2016-17 Monthly Average:  $424,282.41

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.