Sales Taxes Up a Bit

Texas collected $1.86 billion in sales tax revenue in December, up 2% from December 2007, and distributed $459.2 million to cities, counties, districts, and transit systems across the state.

Comptroller Susan Combs said sales tax collections are up 3.9% for the first four months of fiscal 2009. “Growth in overall collections has slowed compared to recent years, while remittances from key sectors such as construction and retail trade have declined,” she said.

December state sales tax collections and January allocations to local governments represent sales that occurred in November. January sales tax allocations included $309.9 million to cities, $29 million to counties, $18.3 million to 148 special-purpose taxing districts, and $101.9 million to 10 local transit agencies.

Texas has no personal income tax.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER