By MARTHA McCLAIN
Special to the PRESS
Solid sales tax rebates from the State of Texas point to a healthy economic climate for all cities in the Laguna Madre Area this month.
Laguna Vista, coming off a strong 18.17 percent increase in July, is seeing a net payment in August of $17,033, up 2.19 percent for the same month last year. Year-to-date, the Town has a net payment of $119,125, a 7.42 percent hike over last year for the same eight-month period.
In Port Isabel, the State Comptroller’s office shows City received a net payment of $228,552 in sales tax, up 9.27 over August 2017’s total of $209,145. Year-to-date, the City’s total is at $1,341,002, up 3.79 percent.
Want the whole story? Pick up a copy of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here.