Texas Tax Revenues vs. 2015 Revenue Estimates

$3.7 billion in FY16 franchise tax revenues
- Above 2015 revenue estimates
March, April, May 2016 sales tax revenues are down 1%
- Caveat: May 2015 sales tax revenues were unusually high, the 2nd highest in history
$383.7 million in motor vehicle sales and rental tax revenue
- 61% increase over May 2015
$287.1 million in motor fuels tax revenue, down 0.9% from May 2015
$148.4 million in oil and natural gas production tax revenue, down 45.6% from May 2015

Finance & Revenue