Body
AUSTIN—Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems, and special-purpose taxing districts $1.04 billion in local sales tax allocations for February—9.4 percent more than in February 2019. These allocations are based on sales made in December by businesses that report tax monthly; October, November, and December sales by quarterly filers; and 2019 sales by businesses that report tax annually. Christmas shopping that typically occurs in November was shifted into December due to the relatively late date of Thanksgiving 2019, helping make this month’s allocations substantially higher than in previous months. Despite that, allocations in Canadian actually fell over 16 percent this month, dropping from $81,814 in February 2019 to $68,630 for February 2020. Year-to-date allocations are down 21.3 percent from those for 2019.