For Immediate Release
March 12, 2014
Comptroller Susan Combs Distributes $553 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) —Texas Comptroller Susan Combs said today that state sales tax revenue in February was $2.2 billion, up 5.8 percent compared to February 2013.
“Sales tax revenue continues its growth streak and has now increased for 47 consecutive months,” Combs said. “Growth in tax collections was seen across all major economic sectors including oil and gas, wholesale trade and the services sector.”Combs will send cities, counties, transit systems and special purpose taxing districts their March local sales tax allocations totaling $553 million, up 4.1 percent compared to March 2013.
|Special Purpose Taxing Districts||$31.5M||↑14.0%||↑20.1%|
The sales tax figures represent January sales reported by monthly tax filers.
For details of March 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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