For Immediate Release
January 12, 2011
Comptroller Susan Combs Delivers First Sales Tax Allocations of 2011,
Local Governments Will Receive $453 Million
AUSTIN — Comptroller Susan Combs announced today that the state sales tax revenue in December was $1.81 billion, up 9.4 percent compared to December 2009.
“This marks the ninth consecutive month of year-over-year improvement in sales tax revenues, with increases posted across the board,” Combs said.“There were increases in the oil and natural gas and manufacturing sectors reflecting recovering business spending.Sales tax in the retail trade and restaurant sectors were also up. As I outlined in this week’s Biennial Revenue Estimate, we forecast growth in sales tax revenue for the current fiscal year as well as the next two fiscal years.”
On Friday, Combs will send cities, counties, transit systems and special purpose taxing districts their first sales tax allocations of 2011. Local sales tax revenues of $453.2 million are up 11.9 percent compared to January 2010.
Combs will send January sales tax allocations of $302.6 million to Texas cities, up 10.3 percent compared to January 2010. Texas counties will receive sales tax payments of $28.5 million, up 17.3 percent compared to last January.
In addition, $18.9 million will go to 175 special purpose taxing districts around the state, up 16.8 percent compared to last January. Ten local transit systems will get $103.1 million in sales tax allocations, up 14.4 percent compared to a year ago.
December state sales tax collections and January allocations to local governments represent sales that occurred in November.
For details of January 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, Feb. 11.
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