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Texas Collects 15 Percent More in Sales Taxes

July 11, 2012 4:06 pm by: Ben Philpott

The City of Austin's sales tax revenue is up more than 10 percent from last year. Photo courtesy flickr.com/photos/lotterymonkeyThe City of Austin's sales tax revenue is up more than 10 percent from last year. Photo courtesy flickr.com/photos/lotterymonkey

Almost $2 billion in Texas sales taxes were collected in June this year. That’s a 15 percent more than the state collected in June last year. Austin’s share of the that larger pie comes to about $12.5 million in revenue – up more than 10 percent from the same time last year. Comptroller Susan Combs says spending in manufacturing and oil and natural gas industries helped boost tax collections.

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