For Immediate Release
April 11, 2012
Comptroller Susan Combs Distributes $489 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs announced today that state sales tax revenue in March was $1.87 billion, up 16.9 percent compared to March 2011.
“The latest sales tax revenue numbers mark a continuation of recent trends we have seen in sales tax receipts,” Combs said. “Strong collections continued in oil and gas-related sectors, while growth in revenue from the retail sector and restaurants also accelerated.”
Combs will send April local sales tax allocations totaling $488.7 million to cities, counties, transit systems and special purpose taxing districts, up 17 percent compared to April 2011.
|Special Purpose Taxing Districts||$24.1M||↑35.6%||↑24.6%|
The sales tax figures represent monthly sales made in February.
For details of local sales tax allocations in April 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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