Lubbock, State Sales Tax Revenue Rises Sharply for September
State sales tax revenue has risen sharply. September’s sales tax revenue for Texas was $1.76 billion, up 11.8 percent from September 2010.
Sales tax revenue for the City of Lubbock increased to $4.327 million, up 7 percent from the same period in 2010. Lubbock County’s sales tax revenue total rose to $4.41 million, up 6.94 percent from last year.
Levelland saw a sizable increase in revenue due to a change in their revenue rate over the past year. The city made just over $285,600, up 41.6 percent from September 2010. Hockley County’s total also rose 47.41 percent to slightly over $361,900.
Post’s sales tax revenue has increased as well, with the city receiving just over $86,800. Garza County’s total increased to $290,000, a 114.46 percent increase from 2010, due to some hefty increases in some Garza County cities.
Texas Comptroller Susan Combs said “The recovery in Texas has brought sales tax collections almost back to peak 2008 levels, however the near-term outlook remains clouded due to the uneven performance of the U.S. economy.”
The Comptroller’s Office will send out sales tax allocations for the month of September totaling $505.2 million.