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Sales tax collections up 9 percent in February

Posted May 5, 2017

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Fort Worth’s net sales tax collections in February totaled $10,835,541, up from February 2016 by $898,710, or 9 percent.

So far this fiscal year, sales tax collections are up 8 percent.

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

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.

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