Comptroller Susan Combs Distributes $669 Million in Monthly Sales Tax Revenue to Local Governments
May 17, 2013 | 545 views | 0 0 comments | 3 3 recommendations | email to a friend | print

Comptroller Susan Combs Distributes $669 Million in Monthly Sales Tax Revenue to Local Governments



(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in April was $2.15 billion, up 3.9 percent compared to April 2012.



“Sales tax collections were up in a range of sectors from construction and manufacturing to restaurants,” Combs said. “As expected, the rate of growth in state sales tax revenue is moderating compared to double-digit growth rates we recently experienced.”



Combs will send cities, counties, transit systems and special purpose taxing districts their May local sales tax allocations totaling $668.5 million, up 5.6 percent compared to May 2012.



Local Sales Tax Allocations (May 2013)





Recipient



May 2013



Allocations



Change from



May 2012



Year-to-date



Change



Cities



$441.8M



4.9%



6.3%



Counties



$42.5M



3.6%



8.3%



Transit Systems



$150.0M



6.4%



7.2%



Special Purpose Taxing Districts



$34.2M



13.3%



13.6%



Total



 $668.5M



5.6%



7.0%



 



The sales tax figures represent monthly sales made in March as well as January, February and March sales by businesses that report tax quarterly.



For details of May 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.



—30—



 Join the discussion and connect with the Texas Comptroller on Facebook for the latest economic news, surveys and more.



 Follow us on Twitter! Get quick Comptroller news and information you need to do business in Texas.

Comments
(0)
Comments-icon Post a Comment
No Comments Yet