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

A. Lee Graham


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.

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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.

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