Comptroller Susan Combs Distributes $574 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) —Texas Comptroller Susan Combs said today that state sales tax revenue in March was $2.09 billion, up 5.6 percent compared to March 2013.
“The growth in sales tax revenues was led by business spending in the oil and natural gas mining, wholesale trade and construction sectors,” Combs said. “Collections from restaurants were also strong. This marks 48 consecutive months of growth in state sales tax collections.”
Combs will send cities, counties, transit systems and special purpose taxing districts their April local sales tax allocations totaling $554.5 million, up 6.2 percent compared to April 2013.
|Special Purpose Taxing Districts||$30.7M||↑15.5%||↑19.0%|
The sales tax figures represent February sales reported by monthly tax filers.
For details of April 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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