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KUT News Staff
Economy
Sales Tax Collections Leap in June
Almost two billion dollars in Texas sales taxes were collected in June – some 15 percent more than the state collected in June last year.
Austin's share of sales taxes comes to about $12.5 million in revenue, which is up more than 10 percent from the same time last year.
"Sales tax revenue has increased for 27 consecutive months in Texas,” Comptroller Susan Combs says in a statement. “Strong business spending in industries such as manufacturing and oil and natural gas boosted the latest sales tax collections. Revenue from consumer spending in the retail trade and restaurant sectors also did well."
You can more data on sales tax data on the comptroller’s website.
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