Texas Comptroller Glenn Hegar announced the sales tax revenue for the state in December was $2.33 billion, down 1.1 percent compared to December 2014. “As with the previous two months, December sales tax revenue was down largely due to spending reductions in oil and gas-related sectors,” Hegar said. “This was expected, given ongoing weakness in oil and natural gas prices. Remittances from other sectors, such as construction and information, continued to grow.” Additionally, Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $617.2 million in local sales tax allocations for January, 0.1 percent less than in January 2015.
The sales tax figures mostly reflect sales made in November. The tax was collected in December and is distributed in January.
For details on January sales tax allocations to individual cities, counties, transit systems and special purpose districts, visit the Comptroller’s Monthly Sales Tax Allocation Comparison Summary Reports.
