BRYAN - Bryan's April sales tax (collected in June) was $1,502,732. That is $272,959 or 22.20 percent above budget for the month and an increase of $282,555 or 23.16 percent compared to the same period last year. Year-to-date collections total $1,907,952, or 12.31 percent above budget.
"Bryan's healthy economy is due mainly to the number of small businesses we have," said Bryan Deputy City Manager Joseph Dunn. "All of Bryan is growing, especially the Downtown Bryan area which is growing at an accelerated pace. The revenue from local businesses stays in our community, and helps to keep the economy strong. "
In addition to the sales tax, the Hotel Occupancy Tax also increased. Hotel Occupancy Tax collections for April total $115,936. This is an increase of $47,829 or 70 percent compared to the same period last year. Year-to-date collections are $244,633 or 69 percent above budget.
"Spring is not a traditionally busy season for Bryan to have visitors. The continued positive trend of the past few months is indicative of events, conferences, and activities coming to the region and attracting visitors to Bryan. Three hotels have been built in the past few years and more are in development stages," Dunn said.
For more information contact Joseph Dunn, Deputy City Manager at 979.209.5100.
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