Staff reviewed general-fund revenue and expenses, including property-tax receipts, refunds associated with retroactive exemptions and sales-tax collections apparently returning to normal levels.
Through June, the Schertz Economic Development Corporation had collected $20,264,395, compared with a $6,696,456 year-to-date budget and $8,817,952 in the same period a year earlier.
Sales taxes provide 30% of Schertz’s General Fund resources, while the same local levy supplies revenue for the economic-development corporation’s project budget.
Two sales-tax lines, one temporary surge
The city’s monthly chart shows General Fund sales-tax receipts totaling $37,763,363 from October through June, compared with $12,488,871 over the same nine months a year earlier. The $25,274,492 difference is calculated from the monthly figures displayed for both fiscal years.
The budget book attributes the elevated collections to large, limited-time purchases made by a company from its Schertz location. It says the arrangement was concluding during the third quarter of 2026 and uses the city’s 7% long-term sales-tax growth rate in the fiscal 2026-27 forecast.