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Texas Sales Tax Revenue Continues Climb

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    NEWSLETTERS

    TK
    Revenue up for fourth straight month.

    State sales tax receipts for July were up 2.2 percent compared to last year.

    Comptroller Susan Combs said Wednesday that revenue increased $1.69 billion from July 2009, when Texas was in the middle of a 14-month sales tax slump.

    The increase marks the fourth consecutive month of gains for Texas.

    Combs says sales tax collections in the major sectors -- retail, the oil and natural gas industry and construction -- are up from a year ago.

    Sales tax receipts make up the state's largest revenue stream.