Comptroller Distributes $591 Million In Monthly Sales Tax Revenue Gorman Sees Large Increase
Wed, 04/13/2016 - 13:54
News Staff
(AUSTIN) — Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $591.4 million in local sales tax allocations for April, 2.6 percent more than in April 2015. These allocations are based on sales made in February by businesses that report tax monthly. “The cities of Dallas, Austin, Sugar Land and Fort Worth saw substantial increases in sales tax allocations that helped stop a fourmonth streak of declining sales tax allocations for the state overall,” Hegar said. “Energy- centric cities such as Houston and Midland continue to see decreases in sales tax allocations.”
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