Strong Local Economy

The sales tax target is based on the City's sales tax budget. 

The target and status for this measure reflects the sales tax collections in the City of Missouri City. Sales tax collections will be reported on a quarterly basis. 

Sales tax is generated by the sale of taxable goods by sellers within the City, or remote sellers (i.e., online sellers) who are required to collect and submit sales tax to the Texas Comptroller’s office.

*Figures are received from the Comptroller approximately  2 months after the close of the reporting period. Data will reflect the most recent quarter as soon as the information is available.*

Permits for new construction. 

The measure provides a general demonstration of the extent of new development in the City.

Dollar value ($) of all permits for new construction. 

Permit values are representative of real property investment which furthers the development of real estate in the City. The measure provides a general demonstration of the extent of new development in the City.

Capital Expenditures Investment are required in a company’s performance obligations, which are set forth in Economic Development Incentive Agreements. For the purpose of this measure, the numbers will be reported in the fiscal year in which the agreement is signed and approved.

This measure encompasses Capital Expenditures Investment, including investment through the full life of the incentive agreement, for all incentive agreements approved and established during a fiscal year. The City of Missouri City’s fiscal year runs from October 1 through September 30.

Capital Expenditures Investment: Funds spent on materials, design, and for construction of the agreed upon improvements and for any applicable (if included) personal property to furnish and equip the improvement, not including land costs.