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26%  
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  • Austin to get $11.7M in sales tax revenue

    01/16/2012 12:39:44 PM PST · by Cincinatus' Wife · 27 replies
    Austin Business Journal ^ | January 11, 2012 | Vicky Garza
    Austin to get $11.7M in sales tax revenue Austin will collect $11.7 million in sales tax revenue from the state this month for sales that took place in November, up 6.2 percent from the same period last year, according to data released by Texas Comptroller Susan Combs. State sales tax revenue was $1.98 billion, up 9.5 percent compared to November 2010 sales. “Sales tax revenue continues to grow in almost all major economic categories and revenue has now increased for 21 consecutive months,” Combs said. Sales taxes from retail trade and restaurant activity continue to improve and tax revenue from...