Texas state sales-tax collections totaled $3.4 billion in April, a record high monthly total and 31.4% more than April 2020, according to a Monday statement from Texas Comptroller
- Year-over-year increase for most tax revenue this month and in the coming month are expected to be among the highest on record, the statement said
- This is due to base effects, as year-ago revenue collections were suppressed by the pandemic
- Nonetheless, this month’s sales-tax collections were notably strong; compared to April 2019, they were up 19.2%
- “Collections from all major sectors other than mining and construction rose significantly, led...