April 7 Morning Newscast: Greenville record monthly sales tax revenue reflects statewide numbers
Consumer spending is surging as wages rise, employment remains high.
- Sales tax revenue in Texas reached a record high in March, according to state data. A report published with the numbers credited the high levels of consumer spending to high employment, wage growth and savings accumulated during the pandemic. The Greenville Herald-Banner reports City of Greenville monthly revenue is up about 34 percent from last year and broke a monthly record set back in 2016. For the fiscal year so far, Greenville is on a sales tax revenue pace about 27 percent higher than last year.
- In Lone Oak yesterday, local high school alumni and others celebrated the groundbreaking for refurbishments of the high school football stadium. The project is being funded by a bond passed last November. The Greenville Herald banner reports the $3.9 million dollar package includes replacing the grass f eld with turf and upgrading its bleachers, press box and concession area. The bond also provides for about $41 million in improvements elsewhere, including a new multipurpose building, a new band hall, parking lot expansions and other building and facilities development. Lone Oak’s football stadium is expected to be ready to go this August, in time for football season.
- Despite heavy rain Monday night, Northeast Texas ground conditions remain dry, and high winds combined with mild temperatures will put the region at risk of wildfire today and through the weekend. The Texas A&M Forest Service rates most of the region as having fire danger rating of “very high” today and tomorrow. The region is under a wind advisory until 7 o’clock this evening. Wind is out of the northwest today, with sustained winds around 15 MPH, gusting to 40. Sunny skies today, with afternoon high temperatures in the upper 60s. Tonight clear and cool, with lows in the low 40s. Similar weather on Friday, and then warming up on Saturday with highs near 80.