Thursday, December 2, 2021
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Fort Worth

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

🕐 1 min read

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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