Tax revenue in Texas grew by a record 25.6 percent for the 2022 fiscal year through August, according to the latest tax collection data released by the state Comptroller of Public Accounts, Glenn Hegar. All-funds tax collection for fiscal year 2022 until August came in at $77.2 billion, beating projections made in the Certification Revenue…

Tax revenue in Texas increased by a record 25.6 percent in the current fiscal year through August, driven by economic growth and inflation, according to state Comptroller Glenn Hegar. All funds tax collection for the fiscal year 2022 through August came in at $77.2 billion, topping projections made in the state’s Certification Revenue Estimate by…