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Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts

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July 2022 Tax Revenue

Certification Revenue Estimate


Annual Percentage Change of Tax Collections
Fiscal Years 1997-2022
(All funds tax collections)

Texas has recently experienced a sustained period of historically high revenues. State sales tax revenues, which account for 59 percent of all funds tax collections, surged in June with strong growth in all major economic sectors. Motor vehicle sales and rental tax collections are setting records; before May 2021, this revenue source had never topped $500 million. Oil and natural gas production taxes also hit high marks in June, although severance taxes are historically volatile.


Year Sales Tax Collections
Percent Change
Motor Vehicle Sales and Rental Tax Collections
Percent Change
Severance Tax Collections
Percent Change
Total Tax Collections
Percent Change
1997 5.1% 4.3% 38.5% 7.2%
1998 9.9% 11.1% -23.0% 6.8%
1999 4.9% 9.1% -20.4% 4.3%
2000 6.9% 12.0% 59.3% 7.1%
2001 4.9% 4.4% 83.0% 7.7%
2002 -1.0% 1.5% -52.6% -3.5%
2003 -1.6% -8.7% 54.4% -0.6%
2004 8.0% 1.7% 26.5% 6.8%
2005 5.8% 3.9% 23.9% 6.9%
2006 12.0% 8.0% 36.9% 12.4%
2007 10.9% 8.1% -14.7% 10.2%
2008 6.6% 0.5% 50.9% 11.9%
2009 -2.7% -22.2% -44.4% -8.5%
2010 -6.6% 1.1% -24.3% -6.5%
2011 9.4% 13.2% 48.9% 9.9%
2012 12.6% 19.5% 40.9% 13.4%
2013 7.2% 9.0% 23.3% 8.4%
2014 5.6% 8.5% 28.7% 6.7%
2015 5.6% 7.2% -28.0% 1.4%
2016 -2.3% 2.2% -45.1% -6.2%
2017 2.3% -1.8% 35.3% 2.4%
2018 10.5% 9.7% 56.1% 12.0%
2019 6.5% 0.7% 15.5% 6.8%
2020 0.2% -3.9% -25.4% -3.4%
2021 5.6% 19.0% 20.8% 7.1%
2022* 18.8% 9.9% 113.0% 24.2%

* Amount estimated in 2022-23 CRE, updated July 2022

Glenn Hegar

Texas Comptroller of Public Accounts