On Monday, Texas Comptroller Glenn Hegar said state sales tax revenue totaled $3.94 billion in June, 0.4 percent more than in June 2023.
The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June.
“Monthly state sales tax collections were essentially flat compared to collections in June 2023, following the strong gains seen in May,” Hegar said. “The overall trends we have seen through the first three quarters of fiscal 2024 were evident again in June.
Sales tax remittances from the major sectors driven primarily by business spending were generally down, except for modest growth in receipts from the construction sector.
Receipts from consumer spending-driven sectors were up slightly overall compared with a year ago, with growth in receipts from both retail trade and the services sectors. Within the retail trade sector, remittances from general merchandise stores led the way.
Total sales tax revenue for the three months ending in June 2024 was up 0.5 percent compared with the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 57 percent of all tax collections.
Texas collected the following revenue from other major taxes: - motor vehicle sales and rental taxes totaled $560 million, down 6 percent from June 2023; - motor fuel taxes totaled $340 million, up 5 percent from June 2023; - oil production tax totaled $493 million, up 8 percent from June 2023; natural gas production tax totaled $171 million, down 7 percent from June 2023; hotel occupancy tax totaled $71 million, up less than 1 percent from June 2023; and alcoholic beverage taxes totaled $160 million, up 2 percent from June 2023.
Hegar sent cities, counties, transit systems and special purpose districts $1.1 billion in local sales tax allocations for June, 6.8% more than in May 2023.
These allocations are based on sales made in April by businesses that report tax monthly.
Cities received $695 million for June allocations which is a 6.7% increase from June 2023 and a 2.3% increase in the year-todate change.
Transit Systems received $231.3 million for June allocations which is a 4.5% increase from June 2023 and a 1.9% increase in the year-to-date change.
Counties received $68.8 million for June allocations which is a 8.1% increase from June 2023 and a 1.9% increase in the yearto- date change.
Special Purpose Districts received $108.5 million for June 2024 allocations which is a 11.9% increase from June 2023 and a 5.2% increase in the year-to-date change.
The June sales tax payment received for Levelland totaled $419,708.82, a increase of 17.45% over the $357,350.60 received in June 2023.
The current year-to-date payment has totaled roughly $2.41 million which is a 3.83% decrease from the prior year-todate total of $2.5 million The June sales tax payment received for Sundown totaled $32,854.99, a decrease of 19.93% over the $41,037.30 received in June 2023.
The current year-to-date payment has totaled $216,911.37 which is a 17.27% decrease from the prior year-to-date total of $262,217.90.
The June sales tax payment received for Smyer totaled $6,006.89, an 19.16% increase over the $5,040.85 received in June 2023.
The current year-to-date payment has totaled $36,522.13 which is a 16.93% increase of the prior year-to-date total of $31,231.95.
The June sales tax payment received for Ropesville totaled $11,102.33, an increase of 7.41% over the $10,366.19 received in June 2023.
The current year-to-date payment has totaled $69,318.39 which is a 3.83% decrease from the prior year-to-date total of $72,079.55.
The June sales tax payment received for Anton totaled $7,676.24, a 6.56% increase of the $7,203.29 received in June 2023.
The current year-to-date payment has totaled $56,720.85 which is a 1.83% increase from the prior year-to-date total of $55,700.06.
The June sales tax payment received for Opdyke West totaled $1,091.44, a 171.58% increase over the $401.88 received in June 2023.
The current year-to-date payment has totaled $3,173.49 which is a 38.49% increase from the prior year-to-date total of $2,291.36.
The June sales tax payment received for Morton totaled $12,898.59 a 3.43% decrease over the $13,357.60 received in June 2023.
The current year-to-date payment has totaled $76,644.23 which is a 3.49% decrease from the prior year-to-date total of $79,416.41.
The June sales tax payment received for Whiteface totaled $2,979.80, a 11.02% increase over the $2,683.96 received in June 2023. The current year-to-date payment has totaled $18,239.92 which is a 5.03% increase from the prior year-to-date total of $17,365.61.