Houston sales tax payment for July rises 6.9 percent
— reported by the Houston Business Journal
Houston’s sales tax payment reached $36.96 million in July, a 6.9 percent increase from $34.58 million the same month a year ago, according to Texas Comptroller Carole Keeton Strayhorn.
Houston’s sales tax allocations are up 6.1 percent so far this year compared to the same period a year ago. The city so far has collected $253.37 million in sales tax revenue this year, compared to $238.84 million by this time last year.
An increase in revenue is good news in a city where departmental budgets have been reduced every year for the past several years to account for reduced revenues. Let’s see how the increases play out in services to Houstonians.
Found via blogHOUSTON.