For Immediate Release
July 9, 2014
Comptroller Susan Combs Distributes $603 Million in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in June was $2.24 billion, up 3.7 percent compared to June 2013.
"Sales tax revenues continue to grow at a moderate pace," Combs said. "The increase was led by remittances from the wholesale trade, services, and restaurant sectors. Fiscal year-to-date collections have now grown by 5.2 percent."
Combs will send cities, counties, transit systems and special purpose taxing districts their July local sales tax allocations totaling $602.5 million, up 4.2 percent compared to July 2013.
|Special Purpose Taxing Districts||$34.6M||↑15.8%||↑18.8%|
The sales tax figures represent monthly sales made in May.
For details of July 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 website at www.window.state.tx.us/taxinfo/allocsum/compsum.html.
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