Comptroller Susan Combs Distributes $612 Million in Monthly Sales Tax Revenue to Local Governments
Dec 03, 2012 | 750 views | 0 0 comments | 4 4 recommendations | email to a friend | print

 

AUSTIN — Texas Comptroller Susan Combs said that state sales tax revenue in October was $2.03 billion, up 8.2 percent compared to October 2011.



“The state’s growth in sales tax revenue continued to be led by collections from the oil and natural gas-related sectors,” said Combs. “We also saw strong consumer spending drive gains in retail trade and the restaurant sector as well.”



Combs will send November local sales tax allocations totaling $611.5 million to cities, counties, transit systems and special purpose taxing districts, up 5.4 percent compared to November 2011.



Local Sales Tax Allocations (November 2012)
RecipientNovember 2012

Allocations
Change from

November 2011
Year-to-date

Change
Cities  $404.4M 4.1% 7.7%
Counties $40.1M 12.9% 14.3%
Transit Systems $136.0M 4.5% 9.5%
Special Purpose Taxing Districts $31.0M 19.1% 22.8%
Total  $611.5M 5.4% 9.2%


 



The sales tax figures represent September sales reported by monthly tax filers and July, August and September sales reported by quarterly filers.



For details of November 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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