Comptroller Glenn Hegar announced state sales tax revenue totaled $4.06 billion in December, 3.2% more than in December 2022. “Most of the increase among major sectors [is] coming from the manufacturing and service sectors” Hegar said. Total sales tax revenue for the three months ending in December 2023 was up 2.2 % compared with the same period a year ago. More details on all monthly collections can be found here.
Texas collected the following revenue from other major taxes:
- motor vehicle sales and rental taxes — $522 million, down 8 percent from December 2022;
- motor fuel taxes — $317 million, up less than 1 percent from December 2022;
- oil production tax — $501 million, down 3 percent from December 2022;
- natural gas production tax — $171 million, down 54 percent from December 2022;
- hotel occupancy tax — $41 million, down 29 percent from December 2022; and
- alcoholic beverage taxes — $136 million, down less than 1 percent from December 2022.