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NE Dallas News

Friday, May 17, 2024

Richardson's sales tax collections for April drop by 1.5%

Ward

File photo

File photo

April was a bad month for Richardson in terms of sales tax collections.

The Metroplex suburb saw a nearly 1.5% decrease in receipts, which Community Impact Newspaper reported was a result of closures of restaurants and nonessential businesses in light of the COVID-19 pandemic.

Recent data from the Texas Comptroller’s office shows that Richardson collected $3.1 million for April, approximately $47,000 less than last year. Plano and Dallas also saw decreases.

Richardson Assistant City Manager Shanna Sims-Bradish told Community Impact the city is still on the path to achieving a balanced budget.

“We continue to monitor the impacts virus-related business closures had on our sales tax receipts,” she told the publication. “At this point, there is not enough evidence to see a trend in any direction, and we remain cautious because the long-term impacts are still yet to be seen.”

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