PRESS RELEASE: Comptroller Glenn Hegar Distributes $616 Million in Monthly Sales Tax Revenue to Local Governments
Texas Comptroller of Public Accounts sent this bulletin at 10/07/2015 11:13 AM CDT
|
Contact: |
512-463-4070 |
1-800-531-5441 ext. 3-4070 |
||||||||||||||||||||||||||||
| FOR IMMEDIATE RELEASE | ||||||||||||||||||||||||||||||
|
October 7, 2015 Comptroller Glenn Hegar Distributes $616 Million in Monthly Sales Tax Revenue to Local Governments(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $616.2 million in local sales tax allocations for October, which represents a decrease of 0.9 percent compared to October 2014. These allocations are based on monthly sales made in August by businesses that report tax monthly. Hegar also said today that sales tax revenue for the state in September was $2.2 billion, up 1.9 percent compared to September 2014. “The modest growth in state sales tax revenue, in line with the Biennial Revenue Estimate issued in January, continues the trend of recent months,” Hegar said. “Stronger growth in collections from the retail trade, restaurant, services and construction sectors offset declines from the oil and gas-related industries.”
For details on October sales tax allocations to individual cities, counties, transit systems and special purpose districts, visit the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s website. —30— |
||||||||||||||||||||||||||||||
|
|
Join the discussion and connect with the 