Austin Sales Tax Revenue Up
The state comptroller's office reports that Austin will see a 13% increase in sales tax revenue for January.
Texas took in over $1.81 billion for December, a 9% jump over December 2009. In a news release, Comptroller Susan Combs noted that this is the ninth straight month of year-to-year gains. In her budget estimate released earlier this week, Combs predicted sales tax revenue to continue rising this year and through the next biennium.
Not all the news was bright for Central Texas, though. Round Rock's January sales tax payment will be 14.5% lower than last January.