2012 Texas Sales Tax Revenue Rises above 2011
By: KFDX News
Updated: January 10, 2013
If you were out in the last minute shopping rush this past holiday, it may have seemed to you there was booming business.
If you were in the metroplex or most other areas of Texas, your assumption might be right. Most cities saw sales rise above December of 2011.
Texas Comptroller Susan Combs says state sales tax revenue collected in December rose 9.4 percent compared to the year before.
The Comptroller's office will be sending cities, counties and other jurisdictions sales tax rebates totaling 530 million dollars for December, up 7.3% from last year.
But sales tax revenue in the city of Wichita Falls was just about flat compared to December of 2011. The total actually declined slightly, with collections of about 2.1 million dollars.
Receipts rose in Burkburnett though, up more than 17 percent from last year. They also rose in Electra, but declined slightly in Iowa Park.
