Data report: Latest sales tax revenue figures for border cities beyond the RGV

LAREDO, Texas – The latest sales tax revenue reports for Texas cities have been posted by the Texas Comptroller’s Office. 

The year-to-date period has reached November 2024. 

Sales tax is a consumption tax levied on the sale of goods and services. It is important source of revenue for governments at the state and local levels. Texas imposes a 6.25 percent state sales and use tax on all retail sales, leases and rentals of most goods.  Local taxing jurisdictions (cities, counties, special purpose districts and transit authorities) can also impose up to 2 percent sales and use the tax for a maximum combined rate of 8.25 percent.

The Rio Grande Guardian, in collaboration with Allied Consulting Group, has analyzed the latest data, which shows the first nine months of 2024.

Looking at cities in South Texas and along the border beyond the Rio Grande Valley, El Paso leads the way with $120.2 million worth of sales tax revenues, followed by Corpus Christi with $88.8 million, and Laredo at $58.6 million.

Del Rio came in at $8.3 million, while Eagle Pass’ total for the first 11 months of 2024 stands at $6.8 million.

In terms of percentage growth, year-on-year, Eagle Pass leads the way. Its sales tax revenues have grown by 5.9 percent. Laredo’s have grown by 5.5 percent

Here are the stats for the the South Texas and border cities outside of the Rio Grande Valley:

Sales tax revenue receipts for the City of El Paso for the first 11 months of 2024.

Sales tax revenue receipts for the City of Corpus Christi for the first 11 months of 2024.

Sales tax revenue receipts for the City of Laredo for the first 11 months of 2024.

Sales tax revenue receipts for the City of Del Rio for the first 11 months of 2024.

Sales tax revenue receipts for the City of Eagle Pass for the first 11 months of 2024.

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