The Texas Tax System
A presentation to the House Committee on Ways and Means
February 17, 1999
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Texas Taxes
The Texas Tax System A presentation to the House Committee on Ways and Means February 17, 1999 |
Net Revenues
Funds 1-851
(amounts in millions)
FY85 FY86 FY87 FY88 FY89 FY90 FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00
TAX COLLECTIONS
Sales Tax 4,192 4,330 4,617 6,243 6,915 7,589 8,256 8,552 9,122 9,810 10,259 10,791 11,340 12,459 13,069 13,997
Oil Production Tax 1,040 769 533 500 502 516 689 513 492 362 375 377 429 304 211 417
Natural Gas Production Tax 1,123 779 645 556 667 568 663 497 683 554 512 447 712 575 489 698
Motor Fuels Taxes 987 1,011 1,273 1,474 1,501 1,515 1,509 1,953 2,086 2,170 2,235 2,321 2,383 2,506 2,593 2,688
Motor Vehicle Taxes 895 866 803 947 1,015 1,092 1,073 1,220 1,421 1,617 1,788 1,965 2,050 2,277 2,483 2,782
Franchise Tax 856 901 874 933 680 587 597 1,090 1,193 1,261 1,423 1,639 1,797 1,938 2,078 2,065
Cigarette and Tobacco Taxes 374 379 371 417 428 432 637 583 617 573 639 567 655 561 624 532
Alcoholic Beverages Taxes 333 348 326 316 320 335 378 386 393 400 407 419 432 456 483 515
Insurance Companies Taxes 368 409 423 547 442 526 596 517 461 767 608 627 706 747 812 797
Utilities Taxes 210 198 186 185 189 198 248 218 227 263 241 241 258 242 266 264
Inheritance Tax 148 119 114 108 105 131 127 141 142 152 172 160 208 327 256 278
Hotel and Motel Tax 61 65 63 90 106 115 121 127 136 146 171 176 186 207 220 236
Other Taxes 136 58 40 50 37 28 28 52 38 30 28 32 33 36 32 35
TOTAL TAX COLLECTIONS 10,721 10,232 10,266 12,365 12,906 13,633 14,922 15,849 17,011 18,106 18,859 19,763 21,188 22,634 23,615 25,284
Tax Collections 10,721 10,232 10,266 12,365 12,906 13,633 14,922 15,849 17,011 18,106 18,859 19,763 21,188 22,634 23,615 25,284
Federal Funding 3,470 4,109 4,078 4,515 5,043 5,930 6,964 8,417 9,853 10,552 11,408 11,658 12,128 12,632 13,926 14,799
Interest & Other Investment 1,001 1,105 1,084 1,169 1,222 1,340 1,714 1,862 2,155 1,697 1,715 2,076 1,860 1,565 1,576 1,883
Income
Land Income 526 820 274 281 280 279 282 226 239 220 201 223 294 340 226 270
Fees & Other Revenue Source 1,183 1,597 1,721 1,912 1,917 2,104 2,308 3,295 4,538 6,131 6,499 6,769 7,179 7,326 8,627 7,610
TOTAL NET REVENUE 16,902 17,862 17,423 20,242 21,367 23,286 26,190 29,648 33,795 36,707 38,682 40,488 42,649 44,497 47,970 49,846
Note: Revenue categories are based on the latest accounting classifications, and thus may not match figures published in previous annual cash reports.
Sources: Comptroller's Annual Financial Reports, 1985 - 2000
PERCENTAGE OF NET REVENUE BY SOURCE
FUNDS 1 - 851
FY85 FY86 FY87 FY88 FY89 FY90 FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00
TAX COLLECTIONS
Sales Tax 39.1% 42.3% 45.0% 50.5% 53.6% 55.7% 55.3% 54.0% 53.6% 54.2% 54.4% 54.6% 53.5% 55.0% 55.3% 55.3%
Oil Production Tax 9.7 7.5 5.2 4.0 3.9 3.8 4.6 3.2 2.9 2.0 2.0 1.9 2.0 1.3 0.9 1.6
Natural Gas Production Tax 10.5 7.6 6.3 4.5 5.2 4.2 4.4 3.1 4.0 3.1 2.7 2.3 3.4 2.5 2.1 2.8
Motor Fuels Taxes 9.2 9.9 12.4 11.9 11.6 11.1 10.1 12.3 12.3 12.0 11.9 11.7 11.2 11.1 11.0 10.6
Motor Vehicle Taxes 8.3 8.5 7.8 7.7 7.9 8.0 7.2 7.7 8.4 8.9 9.5 9.9 9.7 10.1 10.5 11.0
Franchise Tax 8.0 8.8 8.5 7.5 5.3 4.3 4.0 6.9 7.0 7.0 7.5 8.3 8.5 8.6 8.8 8.2
Cigarette and Tobacco Taxes 3.5 3.7 3.6 3.4 3.3 3.2 4.3 3.7 3.6 3.2 3.4 2.9 3.1 2.5 2.6 2.1
Alcoholic Beverages Taxes 3.1 3.4 3.2 2.6 2.5 2.5 2.5 2.4 2.3 2.2 2.2 2.1 2.0 2.0 2.0 2.0
Insurance Companies Taxes 3.4 4.0 4.1 4.4 3.4 3.9 4.0 3.3 2.7 4.2 3.2 3.2 3.3 3.3 3.4 3.2
Utilities Taxes 2.0 1.9 1.8 1.5 1.5 1.5 1.7 1.4 1.3 1.5 1.3 1.2 1.2 1.1 1.1 1.0
Inheritance Tax 1.4 1.2 1.1 0.9 0.8 1.0 0.9 0.9 0.8 0.8 0.9 0.8 1.0 1.4 1.1 1.1
Hotel and Motel Tax 0.6 0.6 0.6 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9
Other Taxes 1.3 0.6 0.4 0.4 0.3 0.2 0.2 0.3 0.2 0.2 0.1 0.2 0.2 0.2 0.1 0.1
TOTAL TAX COLLECTIONS 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Tax Collections 63.4 57.3 58.9 61.1 60.4 58.5 57.0 53.5 50.3 49.3 48.8 48.8 49.7 50.9 49.2 50.7
Federal Funding 20.5 23.0 23.4 22.3 23.6 25.5 26.6 28.4 29.2 28.7 29.5 28.8 28.4 28.4 29.0 29.7
Interest & Other Investment 5.9 6.2 6.2 5.8 5.7 5.8 6.5 6.3 6.4 4.6 4.4 5.1 4.4 3.5 3.3 3.8
Income
Land Income 3.1 4.6 1.6 1.4 1.3 1.2 1.1 0.8 0.7 0.6 0.5 0.6 0.7 0.8 0.5 0.5
Fees & Other Revenue Source 7.0 8.9 9.9 9.4 9.0 9.0 8.8 11.1 13.4 16.7 16.8 16.7 16.8 16.5 18.0 15.3
TOTAL NET REVENUE 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Note: Revenue categories are based on the latest accounting classifications, and thus may not match figures published in previous annual cash reports.
Sources: Comptroller's Annual Financial Reports, 1985 - 2000
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Carole Keeton Strayhorn
Texas Comptroller of Public Accounts |
Window on State Government
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