Sales tax revenues volatile across Texas as pandemic continues to impact economy

Local News

WICHITA FALLS (KFDX/KJTL)— Texas Comptroller Glenn Hegar said this week he will send cities, counties, transit systems, and special purpose taxing districts $783.2 million dollars in local sales tax allocations for January.

That’s 2.6 percent more than in January 2020.

Hagar said December sales tax collection continued recent trends with receipts from most economic sectors significantly down from a year ago.

The industries that have been struggling the most with sales tax receipts during the pandemic have been the entertainment industry, movie theaters, and hotels.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

Trending Stories

Report It

Latest News

More Local News