For Immediate Release
October 10, 2012
Comptroller Susan Combs Distributes $551 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs announced today that state sales tax revenue in September was $1.96 billion, up 11.6 percent compared to September 2011.
"Continued strength in the manufacturing and oil and natural gas sectors led to the sales tax revenue increase,” Combs said. “Collections were also boosted by improvement in consumer spending at restaurants and retail stores. State sales tax revenue has now increased for 30 straight months."
Combs will send October local sales tax allocations totaling $551 million to cities, counties, transit systems and special purpose taxing districts. October local sales tax allocations are up 9.1 percent compared to October 2011.
|Special Purpose Taxing Districts||$27.3M||↑19.2%||↑23.2%|
The sales tax figures represent monthly sales made in August.
For details of local sales tax allocations in October 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.
Join the discussion and connect with the Texas Comptroller on Facebook for the latest economic news, surveys and more.
Follow us on Twitter! Get quick Comptroller news and information you need to do business in Texas.