Fort Worth Sales Tax Collections Up 14 Percent in November

via City of Fort Worth:

Fort Worth’s net sales tax collections in November totaled $11,467,110, up from November 2015 by $1,427,718, or 14.2 percent.

 

The city anticipates collecting $140,468,044 by fiscal year end.

 

The city’s general fund sales tax collections year to date are 109 percent of the budget year to date.

 

Sales tax revenue represents about 22 percent of the city’s General Fund budget. This is the second largest revenue source, with property taxes being the largest.

 

For the Crime Control and Prevention District, sales tax revenue represents the largest revenue source.