Texas sales tax collections in August totaled $2.34 billion, an increase of 18.5% from August 2011 revenues, Comptroller Susan Combs said last week.
The total includes $559.2 million of local sales taxes that will be distributed to local governments.
“The state’s sales tax revenue for fiscal 2012 was $24.1 billion, about 12.6% higher than the previous fiscal year,” Combs said.
“Collections from business sectors such as the oil and natural gas industry and consumer sectors including retail trade increased sales tax revenue for the fiscal year,” she added.
The state’s tax amnesty period ended Sept. 1, she said, which also contributed to August revenues.
Houston’s allocation of $48.3 million is up 23% from September 2011. San Antonio will receive $20.3 million with $20.2 million for Dallas.
Nine public transit districts in the state will share $126.6 million in September sales tax revenue. The district’s include $49.6 million for the Houston Metro and $37.2 million for Dallas Area Rapid Transit.
The 122 Texas counties with a local sales tax will share $37.8 million.