Deprecated: Creation of dynamic property ET_Builder_Module_Comments::$et_pb_unique_comments_module_class is deprecated in /home/csmediatexas/murphymonitor/wp-content/themes/Divi/includes/builder/class-et-builder-element.php on line 1425
SFOT RH 2026

Retail spending up moderately

by | Jul 10, 2025 | Area News, Latest

State sales tax revenue totaled $4.04 billion in June, 2.5% more than in June of last year, said Kelly Hancock, the acting Texas comptroller.

“State sales tax collections exhibited moderate growth compared with June 2024,” Hancock said in a July 1 release. “This comes on the heels of consecutive months of strong growth in both April and May.”

Sales tax is the largest source of state funding for the state budget, accounting for 58% of all tax collections. The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June.

“Among the large sectors driven mainly by consumer spending, the retail trade and service sectors were both up moderately compared with June 2024,” Hancock said.

“Within retail trade, the largest sector — electronic shopping — had the largest gain, showing double digit growth compared with the same month a year ago,” he said. “Receipts from furniture stores and home improvement centers declined significantly from a year ago, and collections from general merchandise stores declined slightly.”

Receipts from restaurants came in higher than a year ago, above the rate of inflation for food away from home for May.

Hancock said that among the sectors influenced primarily by business spending, remittances from the manufacturing sector showed the strongest growth and receipts from the construction sector had positive growth for the first time since February.

The comptroller said collections from the mining sector were down after exhibiting strong growth the previous two months.

Total sales tax revenue for the three months ending in June 2025 was up 4.8% compared with the similar period one year ago.

Texas collected the following revenue from other major taxes: motor vehicle sales and rental taxes of $629 million, up 12% from June 2024; motor fuel taxes of $343 million, up 1%; oil production taxes of $405 million, down 18% from June 2024; natural gas production taxes up 25% to $214 million; hotel occupancy taxes of  $68 million, down 5% from June of last year and alcoholic beverage taxes of $161 million, up less than 1%.

For more stories about the Murphy community see the next print, or digital edition of the Murphy Monitor. Subscribe today and support local journalism.

Collin WSM Summer/Fall 2026 Registration #2

0 Comments

Public Notice - Subscribe

Related News

Annual family campout returns to Murphy

Annual family campout returns to Murphy

Register by Oct. 15 for the family campout set for Nov. 13 to 14. Bob Wieland/Murphy Monitor Murphy’s annual family campout is returning to Central Park Pond next month, offering families a chance to spend a night under the stars without venturing far from home. Now...

read more
Early voting begins next week 

Early voting begins next week 

There’s a lot for voters to consider on the ballot for the Tuesday, Nov. 3, general election. In the 3rd Congressional District, Rep. Keith Self, a Republican, is seeking his third term in the U.S. House. He is opposed by Evan Hunt, the Democratic nominee.  Four...

read more
City asks Flock to remove cameras

City asks Flock to remove cameras

The Murphy City Council has decided there are too many questions about Flock Safety automated license plate readers (ALPRs) to continue using the cameras. In a presentation to council’s Oct. 6 meeting, Police Chief Jeff Gibson dispelled myths about the cameras, saying...

read more
Area community events fill October calendar

Area community events fill October calendar

Boo on Ballard will return to Wylie Oct. 29. File Art Cooler weather — or at least the promise of it — is bringing a full slate of festivals, Halloween celebrations and family activities to Wylie, Sachse and surrounding communities throughout October. From costume...

read more
Elected officials receive salary increases

Elected officials receive salary increases

Collin County elected officials began receiving higher salaries Oct. 1 as part of the county’s 2026-27 fiscal year budget. The Commissioners Court approved the compensation schedule last month, with County Judge Chris Hill casting the lone vote against it. The 4-1...

read more
Council considers public works, IT contracts

Council considers public works, IT contracts

Rodeo Drive Water Tower. File Art Three public works projects worth nearly $2 million were on the consent agenda for the Oct. 6 meeting of the Murphy City Council. Engineering services for a redesign for the FM 544 pedestrian bridge over Maxwell Creek had a...

read more
Islamic Knowledge Center returns to P&Z

Islamic Knowledge Center returns to P&Z

Two houses on North Murphy Road are proposed to house The Center of Islamic Knowledge. Bob Wieland/Murphy Monitor The Murphy Planning and Zoning Commission is again being asked to approve a site plan for The Center of Islamic Knowledge on 2.64 acres at 1030 and 1026...

read more
Murphy to discontinue Flock cameras

Murphy to discontinue Flock cameras

The Murphy City Council has decided there are too many uncertainties about Flock Safety automated license plate readers (ALPRs) to continue using them.Following a presentation by Police Chief Jeff Gibson at council’s regular meeting on Tuesday, Oct. 6, members opted...

read more
Public Notice - Subscribe