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Sales Tax Revenue Up Significantly From Last Year
 Texas Business reports:  AUSTIN--Texas 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  seen in sales tax receipts, according to the state comptroller's office.  Strong collections continued in oil and gas-related sectors, while growth in revenue from the retail sector and restaurants also accelerated.
 
April local sales tax allocations for cities, counties, transit systems and special purpose taxing districts totaled $488.7 million, up 17 percent compared to April 2011.
 
Local Sales Tax Allocations (April 2012)
RecipientApril 2012 
Allocations
Change from 
April 2011
Year-to-date 
Change
Cities $321.8M ↑ 15.1% ↑ 9.2%
Counties $32.8M ↑ 22.8% ↑ 15.5%
Transit Systems $110.1M ↑ 17.5% ↑ 10.6%
Special Purpose Taxing Districts $24.1M ↑ 35.6% ↑ 24.6%
Total $488.7M ↑ 17.0% ↑ 10.5%

 

The sales tax figures represent monthly sales made in February.