For Immediate Release
August 10, 2007
Comptroller Susan Combs Distributes $534 Million in Local Sales Tax Revenue
AUSTIN —Texas Comptroller Susan Combs today said the state collected $1.6 billion in sales tax revenue in July, up 5.3 percent compared to July 2006.
“Growth in sales tax collections eased in July, but moved ahead at a steady pace,” Combs said. “In particular, receipts from the mining, construction, manufacturing, and service sectors reflect a Texas economy resisting the cooling seen in the national economy.”
Combs sent $534.2 million in August sales tax allocations to local governments, up 5.1 percent compared to August 2006. So far this calendar year, sales tax allocations to local governments are up 6.6 percent compared to last year.
Combs sent sales tax payments of $364 million to Texas cities, up 4.1 percent compared to last August. Calendar year to date, city sales tax revenues are surpassing 2006 by 6.9 percent. Sales tax payments of $31 million went to Texas counties, 5.6 percent higher than last August. So far in calendar year 2007, county sales tax allocations are up 7.8 percent compared to last year.
In addition, $17.6 million in sales tax revenue went to 121 special purpose taxing districts, 20.3 percent more than in August 2006. Ten local transit systems received $121.5 million, up 5.9 percent compared to a year ago.
July state sales tax revenue and August allocations to local governments represent sales taxes collected in June by businesses that report sales taxes monthly, and sales taxes collected in April, May and June by quarterly filers.
For details of July sales tax payments 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.
The Comptroller’s next sales tax allocation will be made on Friday, Sept.14.