PRESS RELEASE: Comptroller Glenn Hegar Distributes $626 Million in Monthly Sales Tax Revenue to Local Governments

Texas Comptroller of Public Accounts sent this bulletin at 12/09/2015 11:12 AM CST

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FOR IMMEDIATE RELEASE

December 9, 2015

Comptroller Glenn Hegar Distributes $626 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 $626.3 million in local sales tax allocations for December, 3 percent less than in December 2014. These allocations are based on sales made in October by businesses that report tax monthly.

Hegar also said today that sales tax revenue for the state in November was $2.58 billion, down 3.3 percent compared to November 2014.

“Sales tax revenue declined again due to reduced spending in oil and gas-related sectors,” Hegar said. “Remittances from other sectors, including construction, restaurants and retail trade, continued to grow. The net decrease in sales tax receipts is in line with the October Certification Revenue Estimate.”

LOCAL SALES TAX ALLOCATIONS (December 2015)
Recipient	Dec. 2015 Allocations	Change from Dec. 2014	Year-to-date Change
Cities	$407.3M	↓2.4%	↑3.6%
Counties	$37.5M	↓12.0%	↓0.5%
Transit Systems	$143.9M	↓2.1%	↑4.3%
Special Purpose Taxing Districts	$37.7M	↓3.3%	↑6.6%
Total	$626.3M	↓3.0%	↑3.6%

For details on December sales tax allocations to individual cities, counties, transit systems and special purpose districts, visit the Comptroller’s Monthly Sales Tax Allocation Comparison Summary Reports.

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