Sales Tax Revenues Increase in November 2012 for Texas, Lubbock
Sales tax revenue continues to rise for Texas and the Hub City.
Texas Comptroller Susan Combs announced Wednesday that state sales tax revenue for November was $2.34 billion, up 13.1 percent compared to November 2011.
“Collections were strong in sectors such as retail trade, manufacturing, oil and natural gas, construction, and telecommunications,” said Combs.
Local sales tax allocations totaling $552 million will be sent to cities, counties, transit systems, and special purpose taxing districts this month.
December’s sales tax payment for the City of Lubbock is nearly $4,743,000, up 20.25 percent from the same period last year. Wolfforth will receive $36,359, up 4.86 percent from last year, and Idalou will receive a payment of $15,382, down 0.58 percent from last December.
The city of Post will receive $87,021, up 2.8 percent from last year, Seagraves’ payment from the state will be $17,954, down 16.55 percent from last December, and Plainview will get a payment of $290,024, down 9.76 percent from the same period last year.
Midland’s progress continues, as they will receive a payment of $4,498,371, up 12.33 percent from last December. Odessa will receive more than $3,317,300, a 27.3 percent increase.
El Paso’s payment for December 2012 will be $5,989,260, up 15.24 percent from the same period last year, and Galveston will receive $1,285,800, up 13.12 percent from last year.
The city of Victoria will get a payment of $2,139,122, up 11.87 percent, Yoakum will receive $113,081, a 31.75 percent increase from last year, and Hallettsville will get a payment of $78,015, up a modest 1.93 percent from last December.
The city of Dallas will get a payment of nearly $18,854,000, up 22.84 percent, Fort Worth will receive $9,341,900, up 23.45 percent, and Arlington’s payment will be $6,795,341, a 0.94 percent decrease from December 2011.
The city of Houston will receive $46,536,301, up 16.5 percent, and Austin will get a payment of $13,736,000, a 22.42 percent increase from last year.
A complete list of sales tax payments is available here from the Texas Comptroller’s Office.