Categories: News

Comptroller Distributes $590 Million in Monthly Sales Tax Revenue

9 years ago
(AUSTIN) — Texas Comptroller Glenn Hegar said today that state sales tax revenue in February was $2.46 billion, up 11.7 percent compared to February 2014.
 
“This marks the 59th consecutive month of year-over-year growth — an encouraging sign that Texas’ diverse economic engine continues to drive spending growth in households and businesses all over the state,” Hegar said.
 
“Receipts from manufacturing and wholesale and retail trade showed strong growth,” Hegar said. “And despite the decline in oil and natural gas prices, tax receipts from the oil and natural gas sector were once again up sharply over last year.”
 
Hegar will send cities, counties, transit systems and special purpose taxing districts their March local sales tax allocations totaling $590.1 million, up 6.7 percent compared to March 2014.
 
46% of the City of San Marcos yearly budget comes from Sales Tax Revenue
(Source Printable PDF: City of San Marcos 2014-2015 Fiscal Budget)
 
 
 
 
 
 
 
 
 
The sales tax figures represent January sales reported by monthly tax filers.

 


Leave a Comment
Share
Published by
Staff
9 years ago

Related Post

Recent Posts

San Marcos City Council reviews Sidewalk Maintenance and Gap Infill Program

The San Marcos City Council received a presentation on the Sidewalk Maintenance and Gap Infill…

2 years ago

San Marcos River Rollers skate on and rebuild

The San Marcos River Rollers have skated through obstacles after taking a two-year break during…

2 years ago

After 8 Years, San Marcos Corridor News Bids Our Readers Farewell

San Marcos Corridor News has been reporting on the incredible communities in the Hays County…

2 years ago

High bacteria levels at Jacobs Well halts swimming season

Visitors won't be able to swim in the crystal clear waters of the Jacobs Well Natural…

2 years ago

Pets of the Week: Meet Sally & Nutella!

Looking to adopt or foster animals from the local shelter? Here are the San Marcos…

2 years ago

Texas still leads in workplace deaths among Hispanics

The Lone Star State leads the nation in labor-related accidents and especially workplace deaths and…

2 years ago

This website uses cookies.