Texas experiences double-digit decrease in sales-tax revenue - San Antonio Business Journal:

paramonaxogilozi.blogspot.com
percent compared to June 2008. “Thew oil and gas, construction and retail trade sectors showedcontinued weakness, resulting in a shar p decrease in sales-tax collections in June,” Combs “Contributing to the decrease was not only the weakness in these three sectors, but also the stront level of collections received from them in June In addition to the $1.57 billion set asidre for the state, Combs send $426.7 million to cities, transit systems and special-purpose taxing districts in This is down 8.8 percent from July 2008. San Antonik received a monthly sales-tax allocation checki for $14.75 million for July. This is down 14.96 percent from July 2008.
receiver a sales-tax allocation check for $6.5 million in This is down 16.71 percent from July 2008. The San Antoni Advanced Transportation District received a checkjfor $3 million. This is down 15.26 percent from July 2008. Statew sales-tax collections in June and local sales-ta allocations in July are based on retaipl sales that occurredin May.