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Front Page August 12, 2014  RSS feed

City and County sales tax collections continue to increase

(AUSTIN) — Texas Comptroller Susan Combs said today that state sales tax revenue in July was $2.34 billion, up 6.3 percent compared to July 2013.

“The growth in sales tax revenues reflected strength in both business and consumer spending,” Combs said. “The increase was led by remittances from the construction, services, and oil and natural gas-related sectors, as well as from retail trade and restaurants. Fiscal year-to-date, state sales tax collections are now up 5.3 percent.”

Combs will send cities, counties, transit systems and special purpose taxing districts their August local sales tax allocations totaling $706.9 million, up 5.3 percent compared to August 2013.

The sales tax figures represent monthly sales made in June as well as April, May and June sales by businesses that report tax quarterly.


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