Cuero Development Corporation mid-year report

The Cuero Development Corporation’s (CDC) fiscal year is October-September. Listed below is a list of activities/accomplishments/observations for the first half, (Oct 2016 – March 2017) of the fiscal year.

As you may know, the primary source of income for the CDC is sales tax remittance. It appears that the negative impact of the slowdown from the Eagle Ford Shale activities is starting to level out. I say this because although the sales tax for the City of Cuero is down for the fical year 10%, for the calendar year (January – March) the year to year comparison has increased by almost 3%.

 

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