Dublin sales remained steady in the most recent sales tax report issued by Texas Comptroller Glenn Hegar on Feb. 1.
Sales tax receipts for January were within $400 of the same period last year. This is even with the Dublin Dollar General being closed for renovations. The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January.
Many other local towns experienced growth in December spending although sales tax receipts for Stephenville were nearly 18 down from Dec. 2020.
On the state level, Hegar reported state sales tax revenue totaled $3.85 billion in January, 25.3 percent more than in January 2021.
Year-over-year increases for most tax revenues continue to be affected by base effects: Revenue collections in 2021, to which this year’s collections are compared, were suppressed by the pandemic. Compared to January 2020, sales tax collections were up 24.9 percent.
“January state sales tax collections reached another all-time monthly high, with receipts from almost all major economic sectors rocketing above year-ago levels,” Hegar said. “Fueled by continued strength in both business and consumer spending, receipts from most sectors strongly surpassed prepandemic levels.
Texas collected the following revenue from other major taxes, most of which were up sharply from a year ago due to base effects:
■ motor vehicle sales and rental taxes — $480 million, up 18 percent from January 2021, and up 2 percent from January 2020;
■ motor fuel taxes — $296 million, up 1 percent from January 2021, and down 4 percent from January 2020;
■ oil production tax — $427 million, up 68 percent from January 2021, and up 8 percent from January 2020;
■ natural gas production tax — $369 million, up 260 percent from January 2021, and up 182 percent from January 2020;
■ hotel occupancy tax — $49 million, up 83 percent from January 2021, and up 19 percent from January 2020; and
■ alcoholic beverage taxes — $140 million, up 49 percent from January 2021, and up 8 percent from January 2020.
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.