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CITY OF SAGINAW
GENERAL FUND SALES TAX REVENUE
2022-2023
The Texas Comptroller of Public Accounts is responsible for collecting sales tax revenues and disbursing sales tax
revenues to the various taxing jurisdictions. The Texas state sales and use tax rate is 6.25%, but local taxing jurisdictions
(cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total
maximum combined rate of 8.25%. The City of Saginaw imposes the maximum rate of two percent (2%). One and one-half
percent goes into the General Fund. One third of that is used to offset the property tax rate and reduce property taxes.
$8,000
$7,000
$6,000
$5,000
In Thousands $4,000 1%
$3,000 0.5%
$2,000
$1,000
$0
13-14 14-15 15-16 16-17 17-18 18-19 19-20 20-21 21-22 22-23
The increase in FY20-21 re ects a one-time payment due to the state comptroller's audit adjustment.
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