Texas' September sales tax receipts up 11.8 percent, Comptroller reports
Texas sales tax revenue in September was $1.76 billion, up 11.8 percent compared to a year ago, the Texas comptroller, Susan Combs, reported today.
"Texas sales tax collections have now increased for 18 straight months,” Combs said in a release. “All sectors showed increases in September, led by business spending, especially in the oil and gas-related sectors. Consumer sectors like restaurants and retail trade were also up. The recovery in Texas has brought sales tax collections almost back to peak 2008 levels, however the near-term outlook remains clouded due to the uneven performance of the U.S. economy.”
The figures represent sales that occured in August.
Combs said she will send September sales tax allocations totaling $505.2 million to cities, counties, transit systems and special purpose taxing districts, up 13.9 percent compared to October 2010.
Allocations to Tarrant County entities are $33.16 million, up 13.03 percent from a year ago, and up 4.69 percent year to date.
The allocation to Arlington was $6.9 million, up 9.3 percent from a year ago, and 3.74 percent year to date; Fort Worth, $8.129 million, up 3.07 percent from a year ago and 5.56 percent year to date; Hurst, $1 million, up 4.21 percent and 4.88 percent; Grapevine, $2.67 million, up 6.11 percent and 7.65 percent; and Southlake, $1.1 million, up 8.28 percent and 6.35 percent.