Texas Sales Tax Revenue Increases - Newschannel 6 Now | Wichita Falls, TX

Texas Sales Tax Revenue Increases

The Texas sales tax revenue in November was $2.07 billion, up 12.2 percent compared to November 2010.

State Comptroller Susan Combs says the revenue has now increased for 20 consecutive months. Combs says sales tax revenue in all major economic sectors improved over a year ago.

While sales tax receipts associated with oil and natural gas production remains the strongest source of growth, there were strong increases from the consumer-driven sectors of retail trade and restaurants.

 

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