VON ORMY-- The economy is booming in Von Ormy. The City of Von Ormy has set an all time record for monthly sales tax collection in November 2017. The city's collection of $56,249.00 beat the previous record of $48,428 collected during December of 2013. With one more month to go, the City is also on pace to surpass 2013 as its best year for sales tax collection. $404,000 was collected in 2013, the height of the Eagle Ford Shale boom. Through the first 11 months of 2017, the city has collected $380,000 and has been averaging $34,500 per month this year. If the city has an average December, the annual collection will be near $414,000. Von Ormy has no city property taxes and is debt free.
No comments:
Post a Comment