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Sales tax collections up 7.5 percent in August

Posted Oct. 23, 2018

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Fort Worth’s net sales tax collections in August totaled $12,759,252, up from August 2017 by $892,778, or 7.5 percent.

So far this fiscal year, sales tax collections are up 6 percent.

The city anticipates collecting $156,118,730 by fiscal year end.

Sales tax revenue represents 22.7 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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