Texas Insider Report: AUSTIN Texas Texas Comptroller Susan Combs said today that state sales tax revenue in April was $1.87 billion up 11.4 percent compared to April 2010.This is the 13th straight month in which state sales tax revenue has increased" Combs said. Business spending in sectors such as the oil and gas industry helped boost sales tax collections. Tax revenue from retail spending also showed growth."
Combs will distribute $600.1 million in local sales tax allocations on Friday up 5.8 percent compared to May 2010. So far this calendar year local sales tax allocations to cities counties transit systems and special purpose taxing districts are up 7.1 percent compared to a year ago.
Combs will send May sales tax allocations of $403.4 million to Texas cities up 4.7 percent compared to May 2010. Calendar year-to-date city sales tax allocations are up 6.2 percent compared to the same period last year. Texas counties will receive sales tax payments of $37.4 million up 11 percent compared to one year ago. Calendar year-to-date county sales tax allocations are 12.6 percent higher than last year.
In addition $25.6 million will go to 174 special purpose taxing districts throughout the state up 13.9 percent compared to last May. Ten local transit systems will get $133.5 million in sales tax allocations up 6.4 percent compared to a year ago.
The sales tax allocations to local governments represent March sales reported by monthly tax filers and January February and March sales reported by quarterly tax filers.
For details of May sales tax payments to individual cities counties transit systems and special purpose districts locate the Monthly Sales and Use Tax Allocation Comparison Summary Reports on the Comptrollers Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html.
The Comptrollers June sales tax allocation will be made on Friday June 10.
