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Sales tax payments make positive mark this month

Sales tax payments were up again this month for much of the state, including the cities of  Levelland, Morton and Lubbock.

Payments to taxing entities in Texas that collect sales taxes  were – on average – 8.2 percent higher than in February 2013.

The increase reflected continuing strength in the state’s economy, said Texas Comptroller Susan Combs.

‘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.’

Texas cities netted $526.0 million this month, up 8.0 from February 2013.

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