Oil & Gas sectors surge
AUSTIN Texas (Texas Insider Report) Significant growth in sales tax revenues occurred
across all major economic sectors reflecting strength in both business and consumer spending" Texas
Comptroller Susan Combs said today announcing that state sales tax revenue in September was up 7.9 compared to September 2013.
The gains were led by remittances from the oil and natural gas-related and manufacturing sectors as well as from restaurants and retail trade."
Combs will send cities counties transit systems and special purpose taxing districts their October local sales tax allocations totaling $621.7 million up 7.2 compared to October 2013.
For details of October 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.
The sales tax figures represent monthly sales made in August.
