San Antonio Business Journal
Published: 01-12-09
The state collected $1.86 billion in sales tax revenue in December up 2 percent compared to December 2007 according to Texas Comptroller Susan Combs.
“State sales tax collections have grown 3.9 percent for the first four months of state fiscal year 2009” Combs says. “Growth in overall collections has slowed compared to recent years while remittances from key sectors such as construction and retail trade have declined.”
Combs sent cities counties transit systems and special purpose taxing districts their first sales tax allocations of 2009 — $459.2 million up 2.4 percent compared to January 2008.
Combs sent January sales tax allocations of $309.9 million to Texas cities up 2.2 percent compared to January 2008. Texas counties received sales tax payments of $29 million up 8.2 percent compared to last January.
In addition $18.3 million went to 148 special purpose taxing districts around the state up 23.5 percent compared to last January. Ten local transit systems received $101.9 million in sales tax allocations down 1.4 percent compared to a year ago.
San Antonio received $15.6 million for its allotment a 2.17 percent decrease from the comparable period a year ago.
December state sales tax collections and January allocations to local governments represent sales that occurred in November.
The Comptroller’s next sales tax allocation will be made on Feb. 13.
