The details
Texas Comptroller Glenn Hegar paid Plano nearly $10 million in sales tax revenue in December 2023, according to the website. Last year, the city was paid $8.8 million in December 2023.
Additionally, the city’s 2024 year-to-date sales tax revenue totaled $121 million, up 6.31% from $113 million paid in from the same period in 2023.
Zooming out
Sales tax revenue was also up for Texas, according to a Jan. 2 news release from Hegar’s office. The state collected $4.1 billion in sales tax revenue in December 2024, up 1% from the amount collected in December 2023.
Sales tax is the largest source of funding for the state budget and makes up approximately 58% of all taxes collected in the state. Sales tax revenue for December is based on sales made in November.
