NEWS
Sales tax revenue tops $3.08 million in January
(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.08 billion in January, 8.9 percent more than in January 2019.
“Growth in state sales tax revenue was led by receipts from the retail trade and information services sectors, while receipts from oil- and gas-mining were down from a year ago,” Hegar said. “January retail trade sector collections were higher than a year ago in part because more Christmas shopping days fell in December. Collections also were slightly boosted by marketplace providers and remote sellers, who first began collecting Texas sales taxes in October.”
The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January. Total sales tax revenue for the three months ending in January 2020 was up 6.6 percent compared to the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 57 percent of all tax collections.
In January 2020, Texas collected the following revenue from other major taxes:
- motor vehicle sales and rental taxes — $471.0 million, up 10.6 percent from January 2019;
- motor fuel taxes — $308.9 million, up 1.3 percent from January 2019;
- natural gas production taxes — $131.0 million, down 14.4 percent from January 2019; and
- oil production taxes — $395.7 million, up 44.1 percent from January 2019.
For details on all monthly collections, visit the Comptroller’s Monthly State Revenue Watch. For an extensive history of tax policy developments and fees since 1972, visit our updated Sources of Revenue publication.
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Montague County Commissioners wrapped up a few items before the end of the year as they met on Dec. 23.
Grant Coordinator Charley Lanier asked the court to go ahead and obligate $276,961.84 from the American Rescue Funds to complete the new wastewater treatment plant that will serve the courthouse complex.
He explained Dec. 30 is the last date where grant funds can be obligated, and he did not expect any issues since this project had already been approved in court using ARPA funds, he called it a “safety net,” to avoid any problem and possible return of the funds to the federal government.
Montague County has about $276,961.84 in grant funds which has not been allocated.
The court gave approval on the request.
Lanier also asked the court to apply for a grant for a tire cutter. Funded through the Nortex Regional Planning Commission and Texas Commission on Environmental Quality, the application will ask for $26,865 to purchase a larger gas-powered cutter on a trailer, which can be moved around for use. It would cut the larger tires into four pieces, which would be allowed into a landfill. Lanier said if the cutter comes through the county would need to obtain a permit for its use from TCEQ, which he added should not be an issue.
Commissioner Mark Murphey said he picks up more tires abandoned on the county roads than he disposes of at his own yard, adding he probably has 500 at his yard. The court gave approval to apply for this competitive grant.
The remainder of Monday’s brief meeting were year-end items. Bonds for the justice of the peace one, county clerk, county attorney, district attorney, sheriff, commissioner three and constable two were accepted.
A cooperative agreement with Texas A&M AgriLife Extension Service and the county was approved, along with a license and services agreement with Local Government Solutions to provide software for both justice of the peace officers. The county attorney’s Chapter 59 Asset Forfeiture report was presented with no new seizures or forfeiture.
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