Fort Worth Sales Tax Collections Up 1.9% In September

From the City of Fort Worth:

November 15 2019

Fort Worth’s net sales tax collections in September totaled $14,714,848, up from September 2018 by $275,990, or 1.9%.

Year to date, sales tax collections are up 5.1%.

The city’s general fund actual collection exceeded the fiscal year 2019 amended budget by $1,400,938, or 0.9%. The Crime Control and Prevention District fund actual collection exceeded the FY2019 original adopted budget by $1,444,406, or 1.9%.

Sales tax revenue represents 22.3% 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.

This press release was produced by the City of Fort Worth. The views expressed here are the author’s own.