For Immediate Release
June 8, 2011
Combs to Distribute $468 Million in Local Sales Tax
(AUSTIN)— Texas Comptroller Susan Combs said today that state sales tax revenue in May was $1.95 billion, up 9.9 percent compared to May 2010.
“Spending in sectors such as the oil and gas industry and manufacturing helped increase state sales tax revenue,” said Combs. “Retail spending also grew. Texas has now had 14 straight months of sales tax revenue increases.”
On Friday, Combs will send cities, counties, transit systems and special purpose taxing districts $468.7 million in local sales tax allocations, up 7.2 percent compared to last June.
Combs will deliver June sales tax allocations of $311.8 million to Texas cities, up 6.6 percent compared to June 2010. So far this calendar year, city sales tax allocations are up 6.3 percent compared to the same time period last year. Texas counties will receive sales tax payments of $30.3 million, up 13.6 percent compared to last June. So far this year, sales tax allocations to counties are up 12.8 percent compared to 2010.
In addition, $21 million goes out to 179 special purpose taxing districts around the state, up 13.1 percent compared to last June. Ten local transit systems will receive $105.3 million in sales tax allocations, up 6.2 percent compared to a year ago.
June’s sales tax allocations represent sales that occurred in April.
For details of June 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 July sales tax allocation will be made on Monday, July 11.
Manage your Comptroller e-mail subscriptions Add Comptroller topics to your subscription or stop subscriptions at anytime. If you have questions or problems with this subscription service, please contact email@example.com.
Follow us on Twitter! Get quick Comptroller news and information you need to do business in Texas.