Sales Tax Revenue Up For Texas, Lubbock for August 2013
Sales tax revenue is up for both Texas and Lubbock.
Texas Comptroller Susan Combs announced Wednesday that state sales tax revenue in August was $2.39 billion, up 2.1 percent compared to August 2012.
Combs said that the latest monthly gains were led by sectors such as construction and the restaurant industry.
“For the recently ended fiscal year, state sales tax revenue totaled $25.8 billion, an increase of 7.2 percent from fiscal 2012,” said Combs. “Both business and consumer spending contributed to the gains for the year.”
Overall, Combs sent out $575 million in monthly sales tax revenue to local governments for the August sales tax period.
The City of Lubbock received just over $4.5 million, a 4.2 percent increase from the same period last year. So far, Lubbock has received nearly $44.48 million in sales tax revenue for this year.
Plainview is showing some signs of improvement following the closure of the Cargill Meat Processing Plant earlier this year. Plainview’s payment from the Comptroller’s Office was nearly $301,000, up almost 6.1 percent from August of 2012.
The sales tax payment to Childress decreased 4.5 percent from the same period in 2012. They received more than $90,500.
Crosbyton’s payment for August 2013 was $8,222, up 8.25 percent from the previous August.
Wolfforth’s payment for August was more than $36,600, a 30 percent increase over August 2012.
Tahoka’s payment was nearly $13,600, an 18.6 percent increase from one year ago.
Shallowater received nearly $8,500, up 28.4 percent from August 2012.
Amarillo was paid $5.84 million, a 13.15 percent increase from the previous year. Midland’s payment was $4.48 million, a 5.4 percent decrease from August 2012, and Odessa received $3.3 million, up 15.2 percent.
Austin’s payment from the state was $13.2 million, a 1.5 percent decrease from the previous year. Dallas received $19.3 million, a 4.5 percent decrease from August 2012, and the payment to Fort Worth was $9.3 million, up 2.15 percent.
San Antonio received $22.8 million, up nearly 12.7 percent from August 2012, and Houston received nearly $49.5 million, up almost 2.4 percent from the previous year.
A complete list of sales tax revenue is available here.