Taxes/Banking

Sales Tax

The State of Texas imposes a sales tax on all retail sales, leases and rentals of most goods, as well as taxable services at a rate of 6.25%. In addition, the City of San Benito exercises its option to impose an additional 2.00% on the sale of such items noted by the Texas State Comptroller’s Office. The total sales tax imposed on the sale of such items is 8.25% in the City of San Benito.

Breakdown
State	6.25%
County	None
City	2.00%

(Of the City’s 2%: One-half cent funds the EDC, one-half cent funds property tax relief and 1 cent goes to the General Fund.)

Hotel-Motel Tax
State	6.25%
City	7.0%

State Tax
Corporate Income	None
Individual Income	None

The ad valorem tax rates for every $100.00 of assessed valuation in the City of San Benito are as follows:

Tax Structure 2008
City of San Benito	0.688125
Cameron County	0.353161
San Bento CISD	1.3049
Texas Southmost
College District	0.161089
Drainage District	0.147218
South Texas ISD	0.049200

Top Ten Taxpayers ( Property Tax ) 2007
Owner ID	Taxpayer Name	Market Value	Taxable Value
324942	AEP TEXAS CENTRAL CO	$17,383,920	$17,383,920
181057	WAL-MART STORES INC	$6,242,355	$6,242,355
57728	WAL-MART STORES EAST INC	$5,776,508	$5,776,508
74894	MHC FINANCING LTD PRTSHIP	$4,392,829	$4,392,829
172791	KELLOGG CHEVROLET INC	$4,382,415	$4,382,415
325053	SOUTHWESTERN BELL TELE	$3,780,300	$3,780,300
111816	BALLENGER CONST CO	$3,721,812	$3,721,812
94744	HEAVIN PROPERTIES LTD	$3,564,626	$3,564,626
148586	SAN BENITO HEALTHCARE I LLC	$2,791,863	$2,791,863
177036	RENTAL SERVICE CORPORATION	$2,742,556	$2,742,556

City of San Benito Tax Rate History
Year	2008	2007	2006	2005	2004	2003
Tax Rate	.688125	.680195	.680195	.680195	.680195	.686211

Source: Cameron County Appraisal District http://www.cameroncad.org/