Comptroller Susan Combs Distributes $802 Million in Monthly Sales Tax Revenue to Local Governments
Feb 21, 2014 | 498 views | 0 0 comments | 8 8 recommendations | email to a friend | print

Comptroller Susan Combs Distributes $802 Million in Monthly Sales Tax Revenue to Local Governments

(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in January was $2.3 billion, up 8.3 percent compared to January 2013.

“Increases were seen across all major sectors of the Texas economy,” Combs said. “This indicates continued expansion in both consumer and business spending, and brings the growth in fiscal year-to-date collections to 4.6 percent compared with the previous year. Sales tax revenue has increased for 46 consecutive months.”

Combs will send cities, counties, transit systems and special purpose taxing districts their February local sales tax allocations totaling $802.1 million, up 8.2 percent compared to February 2013.

 

Local Sales Tax Allocations (February 2014)
RecipientFeb. 2014

Allocations
Change from

Feb. 2013
Year-to-date

Change
Cities $526.0M 8.0% 7.8%
Counties $49.3M 0.8% 0.3%
Transit Systems $179.8M 7.2% 8.4%
Special Purpose Taxing Districts $47.0M 25.2% 22.6%
Total $802.1M 8.2% 8.2%

The sales tax figures represent December sales reported by monthly tax filers as well as October, November, and December sales by businesses that report tax quarterly.

For details of February sales tax allocations to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html .

 

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