For Immediate Release
October 12, 2007
State Sales Tax Collections Increase 7 Percent; Comptroller Susan Combs Delivers $443 Million to Local Governments
AUSTIN —Texas Comptroller Susan Combs reports the state took in $1.62 billion dollars in sales tax in September, a 7 percent increase over September 2006.
Combs sent $443.7 million in monthly sales tax payments to Texas cities, counties, transit systems and special purpose taxing districts, up 6.8 percent compared to last October. So far in 2007, local sales tax allocations are 6.9 percent higher than last year.
“Growth in September sales tax collections slowed slightly, but continue to increase at a healthy rate,” Combs said. “Receipts from the mining, manufacturing and retail sectors continue to demonstrate the current strength of the Texas economy.”
Combs sent sales tax allocations of $300.8 million to Texas cities, 6.4 percent more than October 2006. Calendar year-to-date, city sales tax allocations are up 7 percent. Texas counties received October sales tax payments of $27.8 million, up 9.6 percent compared to a year ago. Calendar year-to-date, county sales tax allocations are 8.4 percent higher than last year.
The 122 special purpose taxing districts throughout Texas received $14.7 million in sales tax, up 20.2 percent compared to last October. So far this year, sales tax allocations to special purpose districts are up 17.9 percent compared to 2006.
Ten local transit systems received $100.2 million in October sales tax allocations, up 5.4 percent compared to a year ago. Year-to-date, transit sales tax revenues are up 4.9 percent.
September state sales tax collections and October allocations of local tax revenue represent sales that occurred in August and were reported to the Comptroller in September.
For details of October sales tax payments to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales and Use Tax Allocation Comparison Summary Reports on the Comptroller’s Web site www.window.state.tx.us/taxinfo/allocsum/compsum.html.
The Comptroller’s next sales tax allocation will be made on Friday, Nov. 9.