For Immediate Release
December 7, 2011
Comptroller Susan Combs Distributes More Than $478 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs announced today that state sales tax revenue in November was $2.07 billion, up 12.2 percent compared to November 2010. State sales tax revenue has now increased for 20 consecutive months.
"Sales tax revenue in all major economic sectors improved over a year ago,” Combs said. "While sales tax receipts associated with oil and natural gas production remains the strongest source of growth, there were strong increases from the consumer-driven sectors of retail trade and restaurants."
Combs will send December sales tax allocations totaling $478.3 million to cities, counties, transit systems and special purpose taxing districts, up 9.7 percent compared to December 2010.
|Special Purpose Taxing Districts||$22.2M||↑19.5%||↑15.6%|
The sales tax figures represent sales that occurred in October.
For details of December 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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