STATE SALES TAX REVENUE TOTALED $3.4 BILLION IN APRIL

Texas Comptroller Glenn Hegar said state sales tax revenue totaled $3.4 billion in April, a record-high monthly total and 31.4 percent more than in April 2020.

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 revenue collections to which this year’s collections are compared were severely suppressed by the pandemic. Nonetheless, this month’s sales tax collections were notably strong; compared to April 2019, sales tax collections were up 19.2 percent.

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