July sales boost Granbury

Sales tax chart 9-18-13.pdf

State sales tax revenue in August was $2.39 billion, up 2.1 percent compared to August of last year, according to Texas Comptroller Susan Combs.

The sales tax figures represent monthly sales made in July.

Granbury bounced back from a 17 percent decline last month to a gain of 10 percent for this month. For the year, Granbury is slightly above last year.

Combs said the monthly gains were led by sectors such as construction and the restaurant industry.

“For the recently ended fiscal year, state sales tax revenue totaled $25.8 billion, an increase of 7.2 percent from fiscal 2012. Both business and consumer spending contributed to the gains for the year,” she said.

Combs will send cities, counties, transit systems and special purpose taxing districts their September local sales tax allocations totaling $575 million. That number is up 2.8 percent compared to September 2012.