Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Media & Marketing
TexasCRE

City of McAllen receives biggest monthly sales tax remittance in history 

February 16, 2023
Share on Facebook Share on Twitter Share on LinkedIn Share via email

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. 

Tags
McAllen
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Essex Realty Group marketing 20-apartment portfolio in Chicago’s West Town

September 14, 2026
IllinoisMultifamily

Interra Realty brokers $19.2 million sale of Paper Box Lofts in Chicago’s River North

September 14, 2026
MidwestMissouriCRE

Kansas City Royals select Mortenson|McCownGordon joint venture to build new ballpark

September 14, 2026
MidwestMissouriFinance

Gantry hires loan production director in St. Louis office

September 14, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com