Lubbock County June Sales Tax Numbers Up 11.43% from 2011
Texas Comptroller Susan Combs released sales tax numbers for the State in June earlier today.
Texas sales tax numbers were $1.98 Billion, up 15.2 percent from June of 2011 and Lubbock County will receive $1.5 million in tax revenue, up 11.43% from June of last year.
For the year, Lubbock County has received $10.8 million, up 4.93% from this time in June 2011.
“Sales tax revenue has increased for 27 consecutive months in Texas,” Combs said. “Strong business spending in industries such as manufacturing and oil and natural gas boosted the latest sales tax collections. Revenue from consumer spending in the retail trade and restaurant sectors also did well.”
The Comptroller's Office will send out July local sales tax allocations totaling $534.6 million to cities, counties, transit systems and special purpose taxing districts.
July sales tax numbers are up from 2011 as well with allocations up 12.7 percent compared to July 2011.