Comptroller Susan Combs distributes $575 Million - KCBD NewsChannel 11 Lubbock

Comptroller Susan Combs distributes $575 Million in monthly sales tax revenue to local governments

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Provided by Texas Comptroller of Public Accounts 

Texas Comptroller Susan Combs announced today that state sales tax revenue in August was $2.39 billion, up 2.1 percent compared to August 2012. 

"The latest monthly gains were led by sectors such as construction and the restaurant industry," Combs said. "For the recently ended fiscal year, state sales tax revenue totaled $25.8 billion, an increase of 7.2 percent from fiscal 2012. Both business and consumer spending contributed to the gains for the year."

Combs will send cities, counties, transit systems and special purpose taxing districts their September local sales tax allocations totaling $575 million, up 2.8 percent compared to September 2012.

LOCAL SALES TAX ALLOCATIONS (September 2013)

Recipient

Sept. 2013
Allocations

Change from
Sept. 2012

Year-to-date
Change

Cities   

$379.2M

↑3.5%

↑6.3%

Counties

$36.6M

↓3.1%

↑6.6%

Transit Systems

$128.8M

↑1.9%

↑6.6%

Special Purpose Taxing Districts

$30.4M

↑5.8%

↑11.9%

Total

$575.0M

2.8%

6.7%

The sales tax figures represent monthly sales made in July.

For details of local sales tax allocations in September to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller's Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html.

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