(AUSTIN) — In the latest Fiscal Notes, the Texas Comptroller of Public Accounts looks at the February wildfires that swept through the Texas Panhandle, their damaging effects on the residents and local economies of the 60 counties where a disaster declaration was issued, and disaster relief measures this agency took to provide tax relief to property owners and businesses. The Texas A&M AgriLife Extension Service puts fire-related agricultural losses in the Panhandle at approximately $123 million. The Texas House Investigative […]
economy
State Sales Tax Revenue Totaled $2.6 Billion in September
Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.57 billion in September, 6.1 percent less than in September 2019. The majority of September sales tax revenue is based on sales made in August and remitted to the agency in September. “The COVID-19 pandemic and low price of crude oil continue to weigh on the Texas economy and sales tax revenue,” Hegar said. “As was the case the last month, state sales tax receipts […]