Friday, May 20, 2005

Strayhorn sees increase in local sales tax revenue

The Sweetwater Reporter: "Texas Comptroller Carole Keeton Strayhorn said state sales tax revenue totaled $1.34 billion in April, down 8.1 percent compared to April 2004, when a tax amnesty recommended by the Comptroller caused a 26.4 percent spike in monthly sales tax revenue.

'Last year's tax amnesty program brought in $256.5 million in sales tax that might not have been collected otherwise from delinquent taxpayers,' Strayhorn said. 'Adjusting for my successful tax amnesty program, state sales tax revenue in April 2005 increased 3.6 percent compared to April 2004.'"

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