The sales tax allocation for the City of McAllen for February is $10.6 million, up 7.94% from last year’s revenue generated in retail sales for the same month of December (2022 vs 2021), when McAllen collected a record $9.8 million in sales tax revenue.
“Sales tax revenue is not only a boost for economic development for our community, but also, helps to provide property tax relief to McAllen taxpayers, allowing the City of McAllen to have one of the lowest property tax rates in the Rio Grande Valley,” said McAllen City Manager Roel “Roy” Rodriguez, P.E. “McAllen is the top South Texas retail destination south of San Antonio, drawing in shoppers from throughout the region, including northern Mexico. This allows the City of McAllen to continually invest in the quality of life for our residents and all who come to work, play, shop or do other business in the city.”
Year to date sales tax allocation for the City of McAllen is currently up 5.81% from last year.