For Immediate Release
October 12, 2011
Comptroller Susan Combs Distributes More Than $500 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in September was $1.76 billion, up 11.8 percent compared to September 2010.
“Texas sales tax collections have now increased for 18 straight months,” Combs said. “All sectors showed increases in September, led by business spending, especially in the oil and gas-related sectors. Consumer sectors like restaurants and retail trade were also up. The recovery in Texas has brought sales tax collections almost back to peak 2008 levels, however the near-term outlook remains clouded due to the uneven performance of the U.S. economy.”
Combs will send September sales tax allocations totaling $505.2 million to cities, counties, transit systems and special purpose taxing districts, up 13.9 percent compared to October 2010.
|Special Purpose Taxing Districts||$22.9M||↑22%||↑15.5%|
The sales tax figures represent sales that occurred in August.
For details of October 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.
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