Abilene to See $2.88 Million in Sales Tax Allocation Payment
By: News Release
Updated: December 9, 2011
Texas Comptroller Susan Combs announced today that state sales tax revenue in November was $2.07 billion, up 12.2 percent compared to November 2010. State sales tax revenue has now increased for 20 consecutive months.
"Sales tax revenue in all major economic sectors improved over a year ago," Combs said. "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."
Combs will send December sales tax allocations totaling $478.3 million to cities, counties, transit systems and special purpose taxing districts, up 9.7 percent compared to December 2010.
Abilene will see a net payment of $2.88 million this month, a 12.15 percent increase from this same time last year.
For 2011, Abilene has received $38.95 million in payments, a 17.17 percent increase from the $33.24 million in 2010.
For more information about these numbers, or to see numbers from other cities in the Big Country, click the link below.
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"Sales tax revenue in all major economic sectors improved over a year ago," Combs said. "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."
Combs will send December sales tax allocations totaling $478.3 million to cities, counties, transit systems and special purpose taxing districts, up 9.7 percent compared to December 2010.
Abilene will see a net payment of $2.88 million this month, a 12.15 percent increase from this same time last year.
For 2011, Abilene has received $38.95 million in payments, a 17.17 percent increase from the $33.24 million in 2010.
For more information about these numbers, or to see numbers from other cities in the Big Country, click the link below.
Related Links:
