Comptroller Distributes $669 Million in Monthly Sales Tax Revenue to Local Governments
AUSTIN, May 20, 2013 - Texas Comptroller Susan Combs said today that state sales tax revenue in April was $2.15 billion, up 3.9 percent compared to April 2012.
“Sales tax collections were up in a range of sectors from construction and manufacturing to restaurants,” Combs said. “As expected, the rate of growth in state sales tax revenue is moderating compared to double-digit growth rates we recently experienced.”
Combs will send cities, counties, transit systems and special purpose taxing districts their May local sales tax allocations totaling $668.5 million, up 5.6 percent compared to May 2012.
The sales tax figures represent monthly sales made in March as well as January, February and March sales by businesses that report tax quarterly.
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