AUSTIN, TX (KTRE) - Texas Comptroller Susan Combs announced today that state sales tax revenue in March was $1.87 billion, up 16.9 percent compared to March 2011.
"The latest sales tax revenue numbers mark a continuation of recent trends we have seen in sales tax receipts," Combs said. "Strong collections continued in oil and gas-related sectors, while growth in revenue from the retail sector and restaurants also accelerated."
Combs will send April local sales tax allocations totaling $488.7 million to cities, counties, transit systems and special purpose taxing districts, up 17 percent compared to April 2011.
The city of Lufkin is scheduled to receive $982,695.10 compared to $898,831.03 this time last year. That is a 9.33% increase.
The city of Nacogdoches will receive $417,423.26 compared to $365,568.36 during the same period in 2011. That is a 14.18% increase.
The sales tax figures represent monthly sales made in February.