“Collections were strong in sectors such as retail trade, manufacturing, oil and natural gas, construction, and telecommunications,” said Comptroller Combs.
texas comptroller's office
Texas Comptroller Susan Combs says that the growth was led by collections from oil and natural gas-related sectors.
State sales tax revenue continues to increase in Texas and Lubbock, according to the Texas Comptroller's Office. The sales tax revenue reports released today indicate that $551 million dollars were distributed to local and county governments, an increase of 11.6 percent compared to September of 2011.
“The strong business and consumer spending trend boosted the monthly sales tax revenue, as did money remitted at the close of the state’s tax amnesty which ended in August,” said Combs.
Much of the increase comes from business spending in the oil and gas industry, as well as success in other sectors.
Businesses can file reports and pay overdue taxes, as well as fix previous reports which they had stated a lower amount than what was due without penalty or interest charges.
Lubbock County sees a 11.43% increase in June Sales Tax revenue from this time last year. The State of Texas is up 15.2% from June 2011 to June 2012.
The U.S. Fish and Wildlife Service announced Wednesday that a listing of the dunes sagebrush lizard as a threatened or endangered species is not warranted.
Three men who conspired to steal $290,000 worth of aviation fuel from Biggs Army Airfield in El Paso have been sentenced to federal prison and another sentenced to federal probation.
The Texas Comptroller’s Office today announced monthly sales tax distributions for Texas municipalities totaling $514 million. State sales tax revenue in May was $2.09 billion, up 7.3 percent compared to May of last year.