Comptroller distributes $802 million in sales tax revenues; Van Horn continues to realize continued

Texas Comptroller Susan Combs announced that state sales tax revenue in January was $2.3 billion, up 8.3 percent compared to January 2013.

“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.”

Combs will send cities, counties, transit systems and special purpose taxing districts their February local sales tax allocations totaling $802.1 million, up 8.2 percent compared to February 2013.