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For Immediate Release
August 7, 2013
Comptroller Susan Combs Distributes $671 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs announced today that state sales tax revenue in July was $2.2 billion, up 7.3 percent compared to July 2012.
“Texas sales tax revenue has increased for 40 consecutive months,” Combs said. “The retail trade sector bolstered the latest growth in monthly revenue, and collections from the construction and the oil and natural gas sectors continued to show strength.”
Combs will send cities, counties, transit systems and special purpose taxing districts their August local sales tax allocations totaling $671 million, up 6.2 percent compared to August 2012.
|Special Purpose Taxing Districts||$34.5M||↑10.6%||↑12.7%|
The sales tax figures represent monthly sales made in June as well as April, May and June sales by businesses that report tax quarterly.
For details of local sales tax allocations in August 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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