State Sales Tax Revenue Totaled $3.9 Billion in June

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  • A large crowd attended the 50th Anniversary Celebration of Wrights Collision Center on Saturday, July 22,2023. Some guests were come and go while others stayed for the hot dog eating contest, door prize drawings, and the live band performance by “Clock Struck 9”. (Photo by Ann Reagan)
    A large crowd attended the 50th Anniversary Celebration of Wrights Collision Center on Saturday, July 22,2023. Some guests were come and go while others stayed for the hot dog eating contest, door prize drawings, and the live band performance by “Clock Struck 9”. (Photo by Ann Reagan)
  • Wright’s Collision Center served up free hot dogs with all the trimmings and desserts at their 50th Anniversary Celebration on Saturday, July 22,2023. (Photo by Ann Reagan)
    Wright’s Collision Center served up free hot dogs with all the trimmings and desserts at their 50th Anniversary Celebration on Saturday, July 22,2023. (Photo by Ann Reagan)
  • ”Clock Struck 9' band performed for the 50th Anniversary Celebration of Wrights Collision Center in Littlefield on Saturday, July 22, 2023. Band members left to right: Tyler Blackburn- Bass, Sergio Perez- Drums, Ryan Runquist- keyboard and vocals, and Peyton Wright- guitar. (Photo by Ann Reagan)
    ”Clock Struck 9' band performed for the 50th Anniversary Celebration of Wrights Collision Center in Littlefield on Saturday, July 22, 2023. Band members left to right: Tyler Blackburn- Bass, Sergio Perez- Drums, Ryan Runquist- keyboard and vocals, and Peyton Wright- guitar. (Photo by Ann Reagan)
  • Contestants in the Hot Dog Eating Contest were left to right-Tyler Blackburn, Korben Jennings, Ricky Motsenbocker, Kori Klein, and Aiden Scaff. (Photo by Ann Reagan)
    Contestants in the Hot Dog Eating Contest were left to right-Tyler Blackburn, Korben Jennings, Ricky Motsenbocker, Kori Klein, and Aiden Scaff. (Photo by Ann Reagan)
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Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.92 billion in June, 6.8 percent more than in June 2022. The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June.

The five Lamb County cities received a combined total of $179,188.92 for sales tax revenue for May.

City by City, their returns were: The City of Amherst received $2,039.65, which is an 8.54% increase over last year’s $1,879.11 return. So far this year, Amherst has received $17,633.03, an 11.73% increase over the $15,781.12 it received by this time last year.

The City of Earth received $7,082.09, which is a 7.77% decrease over last year’s $7,679.44 return. So far this year, Earth has received $ 60,379.96.87, an 11.38% increase over the $54,207.06 it received by this time last year.

The City of Littlefield received $134,446.64, which is a 1.27% increase over last year’s $132,750.70 return. So far this year, Littlefield has received $920,585.41, a 0.51% decrease over the $925,358.37 it received by this time last year.

The City of Olton received $21,459.94, which is a 1.17% increase over last year’s $21,210.71 return. So far this year, Olton has received $150,479.75, a 4.75% decrease over the $157,988.11 it received by this time last year.

The City of Sudan received $14,160.60, which is a 2.25% increase over last year’s $13,847.71 return. So far this year, Sudan has received $107,549.86, a 30.82% decrease over the $155,471.79 it received by this time last year.

Over in Hockley County, the City of Anton received $7,744.05, which is a 9.57% increase over last year’s $7,067.23 return. So far this year, Anton has received $63,444.11, a 17.71% increase over the $53,896.25 it received by this time last year.

“The overall rate of sales tax revenue growth was in line with the rate of growth over the last three months,” Hegar said. “Growth in receipts from sectors principally driven by business spending continued to outpace that from consumer- oriented retail trade.

“Receipts from the oil and gas mining sector once again showed the largest year-over-year gain among all major sectors, increasing approximately one-third over remittances from June 2022. Nonetheless, this increase represents a slowing of the rate of increase from that sector in recent months. Receipts from the manufacturing sector were up solidly from a year ago, but receipts from the construction industry came in only slightly higher than June 2022, and receipts from the wholesale trade sector were down slightly from a year ago, as building materials prices have come down from yearago levels.

“Receipts from the services sector were up strongly, driven by higher consumer spending at concerts and other live performances, sporting events and theme parks. Restaurant receipts also increased, but at a rate about 1 percent less than the May inflation rate for food away from home.

“Remittances from the retail trade sector just barely surpassed year-ago levels after dipping below the prior year last month, with large gains from online general merchandisers countered by declines from major store-based general merchandisers and department stores.

“Remittances from furniture and home furnishings stores were down compared with year-ago levels for the fourth consecutive month. Receipts from the home improvement, clothing and accessory stores, electronics and appliance stores, and sporting goods and hobby stores sectors were also negative compared with June 2022.”

Total sales tax revenue for the three months ending in June 2023 was up 5.9 percent compared with the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 56 percent of all tax collections.

Texas collected the following revenue from other major taxes:

• motor vehicle sales and rental taxes — $597 million, up 2 percent from June 2022;

• motor fuel taxes — $324 million, up less than 1 percent from June 2022;

• oil production tax — $456 million, down 33 percent from June 2022;

• natural gas production tax — $184 million, down 58 percent from June 2022;

• hotel occupancy tax — $71 million, up 6 percent from June 2022; and

• alcoholic beverage taxes — $156 million, up 4 percent from June 2022.

For details on all monthly collections, visit the Comptroller’s Monthly State Revenue Watch. For an extensive history of tax policy developments and fees since 1972, visit our updated Sources of Revenue publication.