Texas Comptroller Susan Combs reported Wednesday that state sales tax revenue in April was $2.15 billion, up 3.9 percent compared to April 2012.
“Sales tax collections were up in a range of sectors from construction and manufacturing to restaurants,” Combs said in Wednesday’s release. “As expected, the rate of growth in state sales tax revenue is moderating compared to double-digit growth rates we recently experienced.”
Combs will send cities, counties, transit systems and special purpose taxing districts their May local sales tax allocations totaling $668.5 million, up 5.6 percent compared to May 2012.
Locally, May allocation payments are $711,121 to Cooke County, a 1.34 percent decrease compared to May 2012. The breakdown is as follows: Gainesville received $638,315, a 2.33 percent decrease compared to May 2012; Lindsay received $9,867, a 9.8 percent decrease; Muenster received $43,554, a 24.9 percent increase; Oak Ridge received $6,348, a 3.26 percent decrease; and Valley View received $13,035, a 12.3 percent decrease.
To date, Cooke County has received $3,189,579, a 27.6 percent decrease compared to the first five months of 2012.
These most recent sales tax figures represent monthly sales made in March as well as January, February and March sales by businesses that report tax quarterly. For details of May sales tax allocations to individual cities, counties, transit systems and special purpose districts, locate the Monthly Sales Tax Allocation Comparison Summary Reports on the Comptroller’s Web site at www.window.state.tx.us/taxinfo/allocsum/compsum.html.