Dublin sales tax collections was down around 20% in February 2022 compared to February 2021, according to the March state sales tax report released by Texas Comptroller Glenn Hegar this month.
This was an exception to reports over the last couple of years which have mostly been up or about the same.
On the state level, Hegare reported Texas sales tax collections were $3.37 billion in March, 28.5 percent more than in March 2021; however, after adjusting last year’s March totals to account for February sales tax returns not collected until March 2021 due to Winter Storm Uri, March 2022 sales tax revenue was up 37.2 percent over comparable collections last year. “State sales tax
“State sales tax collections reached a new high for the month of March, with exceptionally strong growth evident across all major economic sectors,” Hegar said.
Total sales tax revenue for the three months ending in March 2022, after adjusting for March 2021 activity, was up 27.3 percent compared to the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 59 percent of all tax collections.
Texas collected the following revenue from other major taxes, some of which also were affected by the February returns delayed to March due to Winter Storm Uri:
■ motor vehicle sales and rental taxes — $386 million, down 17 percent from March 2021;
■ motor fuel taxes — $276 million, up 19 percent from March 2021;
■ oil production tax — $476 million, up 101 percent from March 2021;
■ natural gas production tax — $348 million, up 150 percent from March 2021;
■ hotel occupancy tax — $50 million, up 55 percent from March 2021; and
■ alcoholic beverage taxes — $123 million, up 27 percent from March 2021.
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.
—Citizen staff report