Texas economy shows continued expansion prior to 2015 Legislative Session
AUSTIN Texas (Texas Insider Report) Strong growth in sales tax receipts was apparent across all major economic sectors. Notable increases from retail trade and
the oil & gas-related sectors led the growth indicating increased spending by both consumers and businesses" said
Texas Comptroller Susan Combs while announcing that Texas state sales tax revenue was
up 12.9 compared to October 2013.
Octobers increase comes on the heels Septembers 7.9 increase when compared to 2013 and totals $2.41 billion for October 2014 said Combs.
Comptroller Combs will send cities counties transit systems and special purpose taxing districts their November local sales tax allocations totaling $723.1 million up 10.5 compared to November 2013.
The sales tax figures represent September sales reported by monthly tax filers and July August and September sales reported by quarterly filers.
| LOCAL SALES TAX ALLOCATIONS (November 2014) |
| Recipient |
Nov. 2014 Allocations |
Change from Nov. 2013 |
Year-to-date Change |
| Cities |
$473.4M |
↑9.6 |
↑6.7 |
| Counties |
$46.0M |
↑12.1 |
↑5.9 |
| Transit Systems |
$160.6M |
↑9.3 |
↑7.2 |
| Special Purpose Taxing Districts |
$43.1M |
↑24.2 |
↑20.3 |
| Total |
$723.1M |
↑10.5 |
↑7.5 |
For details of November sales tax allocations to individual cities counties transit systems and special purpose districts locate the
Monthly Sales Tax Allocation Comparison Summary Reports on
the Comptrollers website.
