Texas sales tax revenue climbs 13 percent to $2.7 billion in April

Strong growth in the state’s oil and gas sector helped sales tax revenue in Texas grow by double-digits in April, Texas Comptroller Glenn Hegar said Wednesday.

Texas collected $2.7 billion in sales tax receipts last month, up more than 13 percent from the $2.4 billion collected in April 2017, the comptroller’s office said in a news release.

Gains from sectors with ties to the oil and gas industry provided the biggest boost to sales tax receipts last month, Hegar said in the release, while revenue from retail trade and restaurants grew “briskly.”

Click to read more at www.mysanantonio.com