Area sees some modest gains in sales tax revenue

February 26, 2014

by Carla Noah Stutsman
State sales tax revenue in January was $2.3 billion, up 8.3 percent compared to January 2013 according to Texas Comptroller Susan Combs.
“Increases were seen across all major sectors of the Texas economy,” Combs said. “This indicates continued expansion in both consumer and business spending, and brings the growth in fiscal year-to-date collections to 4.6 percent compared with the previous year. Sales tax revenue has increased for 46 consecutive months.”

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Category: News