Most Active Stories
Sales Tax Revenue
Wed October 10, 2012
September Sales Tax Allocations Up 9.9 Percent for San Antonio
The statewide totals for the amount of sales tax returned to local communities was on the plus side of $551 million and showed an overall 11 percent increase over Sept. 2011.
Comptroller Susan Combs said continued strength in the manufacturing and oil and natural gas sectors led to the increase, but consumer spending was also up in restaurants and retail stores.
In San Antonio, the amount returned increased by 9.9 percent, slightly better than Austin’s 9.5 percent. Of the top 20 cities in sales tax spending, Midland had the greatest increase at 16 percent. Corpus Christi showed a big increase with sales tax returns increasing by over 14 percent.
The comptroller said sales tax revenues have increased for 30 straight month in Texas.
Texas Comptroller's Office online at: www.window.state.tx.us