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For Immediate Release
November 9, 2011
Comptroller Susan Combs Distributes More Than $580 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in October was $1.87 billion, up 15.9 percent compared to October 2010.
"Strong growth in business sectors such as the oil and natural gas industry boosted sales tax revenue for yet another month," Combs said. "State sales tax revenue has now increased for 19 consecutive months. Sales tax also grew in the manufacturing industry, as well as consumer sectors such as the restaurant industry and retail trade."
Combs will send November sales tax allocations totaling $580.1 million to cities, counties, transit systems and special purpose taxing districts, up 7.1 percent compared to November 2010.
|Special Purpose Taxing Districts||$26.0M||↑13.4%||↑15.3%|
The sales tax figures represent September sales reported by monthly tax filers and July, August and September sales reported by quarterly filers.
For details of November 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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