Sales Tax Revenue Up 16.9 Percent

 

Texas Comptroller Susan Combs announced that state sales tax revenue in March was $1.87 billion, up 16.9 percent compared to March 2011. 

“The latest sales tax revenue numbers mark a continuation of recent trends we have seen in sales tax receipts,” Combs said. “Strong collections continued in oil and gas-related sectors, while growth in revenue from the retail sector and restaurants also accelerated.”

Combs will send April local sales tax allocations totaling $488.7 million to cities, counties, transit systems and special purpose taxing districts, a figure up 17 percent compared to April 2011.

Local Sales Tax Allocations (April 2012)
Recipient	April 2012 Allocations	Change from April 2011	Year-to-date Change
Cities	$321.8M	↑15.1%	↑9.2%
Counties	$32.8M	↑22.8%	↑15.5%
Transit Systems	$110.1M	↑17.5%	↑10.6%
Special Purpose Taxing Districts	$24.1M	↑35.6%	↑24.6%
Total	$488.7M	↑17.0%	↑10.5%

 

For details of local sales tax allocations in April 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.