State sales tax revenue totaled $3.4B in May
AUSTIN—Texas Comptroller Glenn Hegar this week said state sales tax revenue totaled $3.4 billion in May, the highest-ever monthly total and 30.1 percent more than in May 2020.
As with April’s results, year-over-year increases for most tax revenues this month and in the coming months will be among the highest in the history of the data series. This is due to base effects: year-ago ...