PRESS RELEASE: Comptroller Glenn Hegar Distributes $1.04 Billion in Monthly Sales Tax Revenue to Local Governments
Texas Comptroller of Public Accounts sent this bulletin at 02/12/2020 02:28 PM CST
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February 12, 2020 Comptroller Glenn Hegar Distributes $1.04 Billion 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 $1.04 billion in local sales tax allocations for February, 9.4 percent more than in February 2019. These allocations are based on sales made in December by businesses that report tax monthly; October, November and December sales by quarterly filers; and 2019 sales by businesses that report tax annually. Christmas shopping that typically occurs in November was shifted into December due to the relatively late date of Thanksgiving 2019, helping make this month’s allocations substantially higher than in previous months, a trend that is not expected to continue.
For details on February 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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