Industry News

New Braunfels’ sales tax soars - City’s gross sales tax for fiscal year climbed almost $2 million

As printed in the New Braunfels Herald-Zeitung, November 15, 2019

It was a good year for sales in the city of New Braunfels.

City staff announced earlier this week that with the September figures in, they could put together a picture of fiscal year 2018-19 to compare with fiscal year 2017-18.

“With the release of the September figures, we are able to report that gross sales tax collections for FY 2018-19 (October-September) has increased by approximately $1.9 million or 6.02% in comparison to the previous fiscal year,”

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Two SouthStar communities in San Antonio area among top 10 bestsellers

Continuing the strong sales pace that has made each community the fastest-growing offering in its area, developer SouthStar Communities saw two of its communities in the top 10 best-selling communities in the San Antonio MSA for the third quarter, according to Metrostudy’s San Antonio 3Q18 Housing Report. Vintage Oaks, a 3,900-acre masterplanned community in New Braunfels, was No. 3 on the list and Mission del Lago in South San Antonio was No. 10.

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