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A service for banking industry professionals · Thursday, November 14, 2024 · 760,406,577 Articles · 3+ Million Readers

Comptroller Glenn Hegar Distributes $1.2 Billion in Monthly Sales Tax Revenue to Local Governments

TEXAS, November 6 - (AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose districts $1.2 billion in local sales tax allocations for November, 1.1 percent more than in November 2023.

These allocations are based on sales made in September by businesses that report tax monthly and on sales made in July, August and September by quarterly filers.

Local Sales Tax Allocations - Nov. 2024

Recipient

Nov. 2024
Allocation  

Change from
Nov. 2023

Year-to-Date
Change

Cities   
$754.0M 0.4% 1.6%
Transit Systems $243.0M 0.4% 1.4%
Counties $71.7M 2.2% 1.5%
Special Purpose Districts $116.4M 7.3% 4.5%
Total $1.2B
1.1% 1.8%

The Texas Comptroller of Public Accounts serves as the chief financial officer —  treasurer, check writer, tax collector, procurement officer and revenue estimator — for the world's eighth-largest economy. The agency also administers statewide initiatives, including the Texas Broadband Development Office, State Energy Conservation Office, Texas Opioid Abatement Fund Council, Texas college savings plans and more.

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