comptroller seal Texas Comptroller of Public Accounts

FOR IMMEDIATE RELEASE

March 11, 2015

Comptroller Glenn Hegar Distributes $590 Million in Monthly Sales Tax Revenue to Local Governments

(AUSTIN) — Texas Comptroller Glenn Hegar said today that state sales tax revenue in February was $2.46 billion, up 11.7 percent compared to February 2014.

“This marks the 59th consecutive month of year-over-year growth — an encouraging sign that Texas' diverse economic engine continues to drive spending growth in households and businesses all over the state,” Hegar said.

“Receipts from manufacturing and wholesale and retail trade showed strong growth,” Hegar said. “And despite the decline in oil and natural gas prices, tax receipts from the oil and natural gas sector were once again up sharply over last year.”

Hegar will send cities, counties, transit systems and special purpose taxing districts their March local sales tax allocations totaling $590.1 million, up 6.7 percent compared to March 2014.

LOCAL SALES TAX ALLOCATIONS (March 2015)
RecipientMarch 2015 AllocationsChange from March 2014 Year-to-date Change
Cities $381.5M ↑ 6.1% ↑ 7.3%
Counties $38.6M ↑ 7.5% ↑ 9.7%
Transit Systems $134.1M ↑ 6.5% ↑ 7.7%
Special Purpose Taxing Districts $35.9M ↑ 13.8% ↑ 13.6%
Total $590.1M ↑ 6.7% ↑ 7.9%

The sales tax figures represent January sales reported by monthly tax filers.

For details of March sales tax allocations to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller's Web site at http://comptroller.texas.gov/taxinfo/allocsum/compsum.html.

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