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Sales tax collections up 4.5 percent in December

Posted Feb. 18, 2016

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Fort Worth’s net sales tax collections in December totaled $15,047,086, up from December 2014 by $642,042, or 4.5 percent.

The city anticipates collecting $135,065,427, which matches original estimates in the fiscal year 2016 adopted budget.

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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