PRESS RELEASE: Comptroller Glenn Hegar Distributes $618 Million in Monthly Sales Tax Revenue to Local Governments
Texas Comptroller of Public Accounts sent this bulletin at 01/07/2015 01:12 PM CST
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January 7, 2015 Comptroller Glenn Hegar Distributes $618 Million in Monthly Sales Tax Revenue to Local Governments(AUSTIN) — Texas Comptroller Glenn Hegar said today that state sales tax revenue in December was $2.35 billion, up 4.3 percent compared to December 2013. “Although moderating slightly, growth in sales tax revenues continues to be seen across all economic sectors,” Hegar said. “Collections from the oil and natural-gas, construction, manufacturing, and services sectors rose, while remittances due to consumer spending in the retail trade and restaurant sectors also grew.” Hegar will send cities, counties, transit systems and special purpose taxing districts their January local sales tax allocations totaling $618.1 million, up 7.7 percent compared to January 2014.
The sales tax figures represent November sales reported by monthly tax filers. For details of January sales tax allocations to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s website at http://comptroller.texas.gov/taxinfo/allocsum/compsum.html. —30— |
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