Cuero tax rebate tops $300,000
Submitted by crecord2010 on Tue, 03/04/2014 - 5:58pm
A milestone was set in Cuero recently with little fanfare. For the first time in its history, the city received a monthly sales tax rebate check for over $300,000.
While these monthly rebate checks have continued to reflect the additional activity of the Eagle Ford Shale, this record amount was more likely due to the expansion of Cuero’s city limits.
Due to the city’s annexations last year, additional businesses are now collecting the 2% sales tax that is rebated to the city each month.
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