State Comptroller On Sales Tax Revenue

Texas Comptroller Glenn Hegar says that state sales tax revenue totaled $2.61 billion in February, 8.6 percent more than in February 2017. 

Hegar said, “Increased sales tax collections were spurred by business spending.” He said, “Growth was especially notable in remittances from oil- and gas-related sectors as well as wholesale trade. But collections from retail trade, the sector most reflective of consumer spending, declined slightly from year-ago levels.” 

Total sales tax revenue for the three months ending in February 2018 was up 10 percent compared to the same period a year ago.

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