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Texas Comptroller Distributes $671 Million in Monthly Sales Tax Revenue to Local Governments
By Karl Wehmhoener | email@example.com
AUSTIN -- Texas Comptroller Susan Combs announced that state sales tax revenue in July was $2.2 billion, up 7.3 percent compared to July 2012.
"Texas sales tax revenue has increased for 40 consecutive months," Combs said. "The retail trade sector bolstered the latest growth in monthly revenue, and collections from the construction and the oil and natural gas sectors continued to show strength."
Amarillo and Canyon brought in more money this past quarter than the same quarter last year. Amarillo brought in more than $46 million this year so far, which is up 6.49-percent. Canyon is up 2.39% from last year.
The sales tax figures represent monthly sales made in June as well as April, May and June sales by businesses that report tax quarterly.