July 2013 Sales Tax Revenue Up For Texas, Lubbock
Sales tax revenue is up for both the State of Texas and Lubbock.
The Texas Comptroller’s Office has distributed around $671 million in monthly sales tax revenue to local governments.
Overall, state sales tax revenue in July was $2.2 billion, up 7.3 percent compared with July 2012.
“Texas sales tax revenue has increased for 40 consecutive months,” said Texas Comptroller Susan Combs. “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.”
The City of Lubbock received more than $5.58 million in sales tax revenue for July 2013, up 4.9 percent from the same period in 2012. For 2013 so far, the City of Lubbock has received more than $39.97 million, a 7.8 percent increase from this time last year.
Wolfforth’s sales tax payment for July is just over $37,300, a 16.2 percent increase from July of 2012.
Tahoka’s sales tax payment is up as well, netting them more than $18,600 for July, a 15.4 percent increase from one year ago.
Idalou has received more than $18,300 for July, up about 6.6 percent from last year.
Shallowater has posted a sizable increase, receiving more than $10,300, which is a 59.8 percent increase over July 2012.
Amarillo received just over $7 million, up 13.7% compared to a year ago. Odessa’s sales tax allocation of $3.7 million is up 5.2% compared to July of 2012, and Midland’s sales tax allocation of $5.4 million is up 10.6% over July of last year.
The City of Austin received more than $15.26 million, up 4.6 percent from last year. San Antonio’s payment from the state is more than $27 million, up more than 20 percent from July 2012, and Houston received more than $56.7 million, up 5 percent from last year.
The complete list of sales tax distributions by county is available here.