Texas Insider Report: AUSTIN Texas Texas Comptroller Susan Combs said today that state sales tax revenue in December was $2.17 billion up 9.4 percent compared to December 2011.
Strong sales tax collections continue in most major economic sectors in Texas" said Combs. The strongest growth was from business spending-driven sectors including oil and natural gas manufacturing and construction."
Combs will send cities counties transit systems and special purpose taxing districts their January local sales tax allocations totaling $530.8 million up 7.3 percent compared to January 2012.
LOCAL SALES TAX ALLOCATIONS (January 2013)
Recipient Jan. 2013 Allocations Change from Year-to-date
Jan. 2012 Change
Cities $349.3M ↑7.0 ↑7.0
Counties $36.6M ↑ 11.0 ↑11.0
Transit Systems $118.2M ↑7.2 ↑7.2
Special Purpose Taxing Districts $26.7M ↑12.5 ↑12.5
Total $530.8M ↑7.3 7.3
The sales tax figures represent November sales reported by monthly tax filers.
For details of January 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 Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html
Texas Insider Report: AUSTIN Texas Texas Comptroller Susan Combs said today that state sales tax revenue in December was $2.17 billion up 9.4 percent compared to December 2011.
Strong sales tax collections continue in most major economic sectors in Texas" said Combs. The strongest growth was from business spending-driven sectors including oil and natural gas manufacturing and construction."
Combs will send cities counties transit systems and special purpose taxing districts their January local sales tax allocations totaling $530.8 million up 7.3 percent compared to January 2012.
LOCAL SALES TAX ALLOCATIONS (January 2013)
Recipient Jan. 2013 Allocations Change from Year-to-date
Jan. 2012 Change
Cities $349.3M ↑7.0 ↑7.0
Counties $36.6M ↑ 11.0 ↑11.0
Transit Systems $118.2M ↑7.2 ↑7.2
Special Purpose Taxing Districts $26.7M ↑12.5 ↑12.5
Total $530.8M ↑7.3 7.3
The sales tax figures represent November sales reported by monthly tax filers.
For details of January 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 Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html
