For Immediate Release
January 8, 2014
Comptroller Susan Combs Distributes $574 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in December was $2.25 billion, up 3.9 percent compared to December 2012.
“Consumer spending in retail trade contributed to the latest gain in state sales tax collections,” Combs said. “Other sectors such as telecommunications also contributed to the monthly growth, and state sales tax revenue has now increased for 45 consecutive months.”
Combs will send cities, counties, transit systems and special purpose taxing districts their January local sales tax allocations totaling $573.5 million, up 8.1 percent compared to January 2013.
|Special Purpose Taxing Districts||$31.7M||↑19.0%||↑19.0%|
The sales tax figures represent November sales reported by monthly tax filers.
For details of January sales tax allocations 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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