KLUP 2/13 Texas Comptroller Susan Combs

Texas Comptroller Susan Combs reported that the rate of growth of state collected sales tax revenues is slowing. John Thurman of Heart of Texas Realty here with today's San Antonio Business Journal news feature. Sales tax reveunes are up 5.2 percent compared to January 2007 and "While growth remains firm, it is slower than that of the past two years," Combs says. "This moderation is consistent with the slowing economy." The comptroller also distributed $640.8 million in local sales taxes to Texas cities, counties, transit systems and special purpose taxing districts in February. This is up 5.1 percent from the local sales tax distribution in February 2007. The City of San Antonio received a sales tax revenue check of $23.2 million this month. This is up 1.86 percent from February 2007. Bexar County does not collect a sales tax. But VIA Metropolitan Transit and the San Antonio Advanced Transportation District received checks for $10.6 million and $5 million, respectively. This represents increases of 3.15 percent and 5.94 percent. For San Antonio area homes and real estate, call John Thurman of Heart of Texas Realty.