Sales Tax Revenue Up For Texas, Lubbock in December 2012
Sales tax revenue continues to increase for Texas and many local governments.
State sales tax revenue for December hit $2.17 billion, a 9.4 percent increase from the previous December, according to the Texas Comptroller’s Office.
“Strong sales tax collections continue in most major economic sectors in Texas,” said Texas Comptroller Susan Combs.
“The strongest growth was from business spending-driven sectors including oil and natural gas, manufacturing, and construction.”
The City of Lubbock will receive around $4.45 million, up 8.4 percent from last December.
The City of Plainview will receive a payment of nearly $300,000, up 12.21 percent from December 2011, and Levelland’s payment will be around $295,000, up 22.8 percent from the previous December.
Floydada will see a hefty 41 percent increase in their payment, receiving $27,190, Lamesa will receive a payment of more than $123,000, up 14.6 percent from December 2011, and the state’s payment to Snyder will be more than $314,500, up 29 percent.
Amarillo will receive more than $5.17 million, up 7.76 percent from the previous December, the payment to Midland will be around $4.44 million, up 13.83 percent from the same period in 2011, and Odessa will receive more than $3.02 million, a 25.46 percent increase from December 2011.
Not all cities saw the kind of increases as were common across the South Plains. Abilene will receive more than $2,898,000, a 22.61 percent decrease from December 2011.
Austin will receive a payment of more than $12,546,000, a 7.3 percent increase from the previous December, the state’s payment to Dallas will be more than $16.9 million, a slight 0.14 percent increase from 2011, and Houston will receive around $44.9 million for December 2012, a 7.37 percent increase from December 2011.
A complete list of each city’s sales tax allocation payment is available here.