“Conroe’s sales tax is up 10.6 percent,” Virgadamo said. “We have climbed out of a hole we found ourselves a couple of years ago, and we are on the positive side.”
The recession dug a hole for Conroe and many others cities throughout Texas as consumer spending dried up and sent sales tax collections revenue plummeting.
But the numbers for Conroe, The Woodlands and many other cities have been rising steadily for a year or more. Consumers are spending more, putting more money in local businesses and yielding more revenue for local cities.
This chart shows the percent increase (or decrease, in some cases) for the county’s top cities:
The good news was generally reflected statewide, according to the Comptroller’s Office.
“Strong growth in business sectors such as the oil and natural gas industry boosted sales tax revenue for yet another month,” Combs said. “State sales tax revenue has now increased for 19 consecutive months. Sales tax also grew in the manufacturing industry, as well as consumer sectors such as the restaurant industry and retail trade.”
The sales tax figures represent September sales reported by monthly tax filers and July, August and September sales reported by quarterly filers.
More information from the Comptroller’s Office is available here.