Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $626.3 million in local sales tax allocations for December, 3 percent less than in December 2014. These allocations are based on sales made in October by businesses that report tax monthly.
Hegar also said today that sales tax revenue for the state in November was $2.58 billion, down 3.3 percent compared to November 2014.
“Sales tax revenue declined again due to reduced spending in oil and gas-related sectors,” Hegar said. “Remittances from other sectors, including construction, restaurants and retail trade, continued to grow. The net decrease in sales tax receipts is in line with the October Certification Revenue Estimate.”
LOCAL SALES TAX ALLOCATIONS (December 2015) | |||
Recipient | Dec. 2015 Allocations |
Change from Dec. 2014 |
Year-to-date Change |
Cities | $407.3M | ↓2.4% | ↑3.6% |
---|---|---|---|
Counties | $37.5M | ↓12.0% | ↓0.5% |
Transit Systems | $143.9M | ↓2.1% | ↑4.3% |
Special Purpose Taxing Districts | $37.7M | ↓3.3% | ↑6.6% |
Total | $626.3M | ↓3.0% | ↑3.6% |
For details on December sales tax allocations to individual cities, counties, transit systems and special purpose districts, visit the Comptroller’s Monthly Sales Tax Allocation Comparison Summary Reports.