Wilson County News
State sales tax revenue totaled $3.9 billion in June
Texas Comptroller Glenn Hegar has said state sales tax revenue totaled .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. 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...
Texas Comptroller Glenn Hegar has said state sales tax revenue totaled .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. 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...