TRANs are annual, one-year notes, which are sold to help fund school payments and manage cash flow between the start of a fiscal year and the arrival of tax revenue later in the year.
texas comptroller's office
“Texas sales tax revenue has increased for 40 consecutive months,” said Texas Comptroller Susan Combs.
Shoppers are expected to save an estimated $78.9 million in state and local sales taxes during the sales tax holiday, according to the Texas Comptroller’s Office.
The Comptroller’s office is also supplying free sports equipment to public schools in areas identified as being at high risk for obesity.
The sales tax holiday exempts most clothing, footwear, school supplies, and backpacks priced under $100 from sales tax, which could save shoppers about $8 on every $100 they spend during the weekend.
Texas Comptroller Susan Combs’ office is reminding taxpayers of the upcoming deadline to protest their property value appraisals.
The 2013 Energy Star sales tax holiday begins after midnight on Saturday, May 25th and runs through Monday, May 27th.
Collections grew in sectors such as manufacturing and retail. Lubbock's sales tax payment is up from 2012, but economic woes are becoming apparent for Plainview.
To render is to list the taxable inventory, furniture and fixtures, machinery, and equipment, as well as other property a business owned or managed as of January 1st, 2013.
Texas Comptroller Susan Combs announced Wednesday that state sales tax revenue for February was $2.08 billion, a 3.7 percent increase compared with February 2012.