State Sales Tax Revenue Totaled $2.74 Billion In September
AUSTIN — Texas Comptroller Glenn Hegar today said that state sales tax revenue totaled $2.74 billion in September, 1.2 percent more than in September 2018.
“State sales tax revenue grew only modestly in September,” Hegar said. “Strong growth in receipts from the construction sector, retail trade and restaurants were largely offset by declining receipts from oil- and gas-related sectors.”
Total sales tax revenue for the three months ending in September 2019 was up 3.2 percent compared to the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 57 percent of all tax collections.
In September 2019, Texas collected the following revenue from other major taxes:
- motor vehicle sales and rental taxes — $435.3 million, up 8.5 percent from September 2018;
- motor fuel taxes — $325.6 million, up 0.2 percent from September 2018;
- natural gas production taxes — $98.6 million, down 34.5 percent from September 2018; and
- oil production taxes — $334.1 million, down 0.7 percent from September 2018.
