Sales Tax Revenue Distribution to Local Government
TEXAS – Compared to June 2013, state sales tax revenue was up 3.7 percent, $2.24 billion, said Comptroller Susan Combs.
“Sales tax revenues continue to grow at a moderate pace. The increase was led by remittances from the wholesale trade, services and restaurant sectors. Fiscal year-to-date collections have now grown by 5.2 percent.”
Cities, counties, transit systems and special purpose taxing districts will received their July sales tax allocations totaling $602.5 million, up 4.2 percent compare to the same time last year.