Tx. Comptroller Distributes $1.1 Billion in Monthly Sales Tax Revenue

(AUSTIN) — Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose districts $1.1 billion in local sales tax allocations for October, 4.5 percent more than in October 2022.

These allocations are based on sales made in August by businesses that report tax monthly.

Texas imposes a 6.25 percent state sales and use tax on all retail sales, leases and rentals of most goods, as well as taxable services. Local taxing jurisdictions (cities, counties, special purpose districts and transit authorities) can also impose up to 2 percent sales and use tax for a maximum combined rate of 8.25 percent.