Sales tax collections up in September, October

Fort Worth’s net sales tax collections in September totaled $13,958,731, up from September 2016 by $967,854, or 7.5 percent. Meanwhile, for October, net sales tax collections totaled $11,990,509, up $604.628, or 5.3 percent.

So far this fiscal year, sales tax collections are up 5 percent.

The city anticipates collecting $154,573,000 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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