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Fort Worth
Friday, February 26, 2021

Fort Worth sales tax collections up 11 percent, best ever for November

A. Lee Graham

Reporter

Sales tax collections are up, with Fort Worth reporting a $9,205,783 net figure for November 2013, up from $937,805, or 11.3 percent, from the same month in the previous year.

The latest figures are the highest on record for November.

The city expects to collect $1,103,951, or 0.9 percent, more than the adopted fiscal year 2014 adopted budget.

“While the early results for the fiscal year are encouraging, city staff is maintaining a conservative forecast due to uncertainty in the national economic picture and potential audit adjustments,” said a city news release.

Sales tax revenue represents about 20 percent of the city’s general fund budget.

lgraham@bizpress.net

 

 

 

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

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