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MDD sales tax receipts up 16% through March; staff estimates roughly $650,000 for the year

April 07, 2026 | Argyle, Denton County, Texas


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MDD sales tax receipts up 16% through March; staff estimates roughly $650,000 for the year
Staff member Harrison presented the MDD sales‑tax report and said the board collected $48,045.88 through March, representing a 16.06% increase over the same period the prior year.

"From March 22 to March 26 ... we collected a total of $48,045.88," Harrison reported, adding that year‑to‑date collections are up $43,719 compared with the prior year and that March receipts historically represent about half of end‑of‑year collections. Based on current receipts and historical patterns, staff provided an end‑of‑year revenue window between $649,000 and $657,000 and summarized the working estimate as approximately $650,000.

Harrison noted the distribution of local versus remote revenues remains similar to prior months with local revenue around 29–30% and remote sales about 70–71%. Board members suggested future development in the plan area could push more local sales‑tax receipts into the local category over time.

What this means: The MDD’s near‑term revenues are stronger year over year, and staff will refine the forecast as more monthly data arrive; any project spending or incentives tied to MDD receipts should account for both current growth and the caveat that remote sales make up the larger share of collections today.

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