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Comptroller Combs Distributes $441 Million in Local Sales Tax
“Weakness throughout most sectors of the economy resulted in a significant decrease in May sales tax collections,” Combs said. “While year-to-date sales tax revenue is up 0.5 percent for state fiscal 2009, further declines are expected this year.” Combs sent cities, counties, transit systems and special purpose taxing districts $441.1 million in June local sales tax allocations, down 3.9 percent compared to last June. Combs sent June sales tax allocations of $297 million to Texas cities, down 3 percent compared to June 2008. So far this calendar year, city sales tax allocations are down 0.5 percent compared to the same time period last year. Texas counties received sales tax payments of $26.4 million, down 6.9 percent compared to last June. So far this year, sales tax allocations to counties remain up 2.7 percent compared to 2008. In addition, $17.1 million went to 150 special purpose taxing districts around the state, down 0.9 percent compared to last June. Ten local transit systems received $100.4 million in sales tax allocations, down 6 percent compared to a year ago. June’s sales tax allocations represent sales that occurred in April. For details of June sales tax payments 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. The Comptroller’s next sales tax allocation will be made on Friday, July 10. |
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