Sorry, you need to enable JavaScript to visit this website.

Texas sales tax revenue dips 13.2% in May

Texas collected about $2.6 billion in state sales tax revenue in May, leading to the steepest year-over-year decline in over a decade, Comptroller Glenn Hegar announced Monday. The amount is 13.2% less than the roughly $3 billion the state collected in the same month last year. A majority of the revenue collected last month was from purchases made in April and reflect the state’s first full-month look at how the novel coronavirus impacted businesses. That is when Texans lived under a statewide stay-at-home order and Gov. Greg Abbott, like leaders across the globe, ordered businesses across several sectors to close to combat ...

PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!

Advance Publishing Company

217 W. Park Avenue
Pharr, TX 78577