The details
Texas Comptroller Glenn Hegar paid Richardson $6.307 million in sales tax revenue, a nearly 19% increase from the $5.304 million paid in for the same period last year.
The year-to-date payment for sales tax revenue is $10.353 million, 11% higher than the $9.316 million paid for the same period in 2024.
Zooming out
Statewide, sales tax revenue is up 4.3%, totaling $3.8 billion, according to a news release from the comptroller’s office.
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 February is based on sales made in January.
What else?
Texas collected the following revenue from other major taxes:
- motor vehicle sales and rental taxes — $650 million, up 11% from February 2024
- motor fuel taxes — $310 million, up 2% from February 2024
- oil production tax — $486 million, up 6% from February 2024
- natural gas production tax — $221 million, up 19% from February 2024
- hotel occupancy tax — $57 million, down 2% from February 2024
- alcoholic beverage taxes — $128 million, down less than 1% from February 2024
“State sales tax collections exhibited solid growth compared with February 2024,” Hegar said in the release. “This comes on the heels of a strong month in January and was more than the overall rate of general price inflation.