PRESS RELEASE: Comptroller Glenn Hegar Distributes $824 Million in Monthly Sales Tax Revenue to Local Governments
Texas Comptroller of Public Accounts sent this bulletin at 05/06/2020 11:05 AM CDT
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May 6, 2020 Comptroller Glenn Hegar Distributes $824 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 $824.1 million in local sales tax allocations for May, 5 percent less than in May 2019. These allocations are based on sales made in March by businesses that report tax monthly, and sales made in January, February and March by quarterly filers. Widespread social distancing requirements were not in place across much of the state until late March, meaning the impact of those measures affected only a portion of allocations for this month. The agency expects next month’s allocations, based on April sales, will show steeper declines compared to a year ago.
For details on May 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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