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Sales Tax Allocation Data for July 2014


Sales tax revenue data for the state and the City of Lubbock has been released for the month of July.

According to Texas Comptroller Susan Combs, sales tax revenue for the month of July was $2.34 billion which is up 6.3 percent compared to July 2013. Of the more than $2 billion, $707 million will be distributed to local government units in July. Texas Comptroller Susan Combs said the growth reflected strength in both business and consumer spending.

“The increase was led by remittances from the construction, services, and oil and natural gas-related sectors, as well as from retail trade and restaurants,” Said Combs. “Fiscal year-to-date, state sales tax collections are now up 5.3 percent.”

The City of Lubbock received $5.8 million for July which is 4 percent higher than last July and 4 percent higher than the 2013 yearly total through July.

Throughout the South Plains and down into the Permian Basin many cities saw growth. Amarillo’s sales tax allocation in July was $6.7 million, down 3.5% from July 2013. Abilene’s sales tax allocation in July was $3.84 million, up 4.2% from July 2013. Midland checked in at $6.15 million, up 12.2 percent from July of last year. Odessa saw similar gains with their $4 million up 8.9 percent from July 2013.

Other cities close to Lubbock did not fare as well. New Deal’s sales tax allocation in July was almost $2,900, down 36% from July 2013. Abernathy continued to take a hit. Their July tax allocation shrunk by 16 percent and their year to date allocation is down by 30 percent. Wolfforth’s sales tax allocation was $37,101 down 1 percent from July of last year. Levelland checked in at $352,000 up 17 percent compared to July of last year. Plainview saw a similar gain with their $381,000 up 8 percent from July 2013.

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