File photo
File photo
Texas’ sales tax revenue took a rare dive this spring due to the COVID-19 pandemic, according to the Texas Comptroller’s office.
The state’s chief tax collector announced that the $2.58 billion accrued in April represented a 9.3% decrease from the April 2019 figure. Such a decline has not occurred in a decade, the Pleasanton Express reported.
The April data is based on sales made in March and paid to the comptroller’s office last month. The coronavirus shutdown played a role in the drop, though the state did not fully implement social distancing requirements until the middle of March.
With April being the first full month in which Texans adhered to stay-at-home orders, next month’s payments point to a possibly deeper drop.
Locally, four of five Atascosa County cities experienced a decline in sales tax revenue as opposed to the same time last year.
Alerts Sign-up