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Sales tax collections down slightly in December

Posted Feb. 22, 2017

Fort Worth’s net sales tax collections in December totaled $14,910,614, down from December 2015 by $136,471, or 0.9 percent.

“Sales tax revenues are dependent upon many factors, which can cause some ups and downs in collections,” said Terry Hanson, assistant director of budget and analysis. “Most recently, the December total net collections for the City of Fort Worth were down 0.9 percent from the same month last year. This low to negative performance was also seen in Dallas, Austin, El Paso, San Antonio and Houston. One of the major contributors was the differences in other collections and audit adjustments, which is typically associated with adjustments to other months’ collections.

“Looking purely at the current collections for December, the city saw an increase from the prior year of 0.9 percent,” Hanson said. “Overall for the year, the city is currently 6.9 percent higher than last year.”

The city anticipates collecting $140,468,044 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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Building Standards Commission - Pre-Meeting: 9 a.m. March 27, 2017; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.
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Canceled Disciplinary Appeal of Indefinite Suspension of Lonny Brooks: March 27, 2017,–March 28, 2017; Training Room #623, 6th Floor, City Hall Annex, 908 Monroe Street.
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Building Standards Commission - Meeting: 9:30 a.m. March 27, 2017; City Council Chamber, 2nd Floor, City Hall , 200 Texas Street.
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Urban Drive & Northeast Parkway Water & Wastewater Improvements Project Meeting: 2 p.m. March 27, 2017; Fort Worth City Hall, 200 Texas St Room 380.

Fort Worth Transportation Authority - Board of Directors: 3:30 p.m. March 27, 2017; 2nd Floor Community Room, lntermodal Transportation Center (ITC), 1001 Jones Street.
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District 9 Sidewalks & Curb Ramp Improvements Project Meeting: 6 p.m. March 27, 2017; R.L. Paschal High School, 3100 Forest Park Blvd.

Joint Meeting of the City Council and Advisory Commission on Ending Homelessness : 6:30 p.m. March 27, 2017; Great Hall, First Presbyterian Church , 1000 Penn Street.
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East Fort Worth Water & Stormwater Utilities Improvements Project Meeting: 6:30 p.m. March 27, 2017; Handley United Methodist Church, 2929 Forest Ave.

Special Called Meeting of the Fort Worth City Council (Tour of Stop Six/Cavile Place): 9 a.m. March 28, 2017; City Hall, 200 Texas Street.
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Stop Six Update Press Conference: 10 a.m. March 28, 2017; Ebenezer Missionary Baptist Church Auditorium, 1901 Amanda Ave.

Step One: Starting a Business: 11 a.m. March 28, 2017; James E. Guinn Entrepreneurial Campus, Business Assistance Center, 1150 S. Freeway.

City Council Work Session: 3 p.m. March 28, 2017; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.
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Notice of Public Hearing - Forest Park: 7 p.m. March 28, 2017; City Council Chamber, 2nd Floor, City Hall, 200 Texas Street.
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City Council Meeting: 7 p.m. March 28, 2017; CIty Council Chamber, 2nd Floor, City Hall, 200 Texas Street.
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Forest Park Easement Public Hearing: 7 p.m. March 28, 2017; City Hall Council Chamber, 200 Texas Street.

Fort Worth Transportation Authority Tour of Hunter Plaza: 3:15 p.m. March 29, 2017; Hunter Plaza, 615 West 7th Street.
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Mayor's Rolling and Walking Town Hall Kickoff: 6 p.m. March 29, 2017; Casa Ma├▒ana, 3101 W. Lancaster Ave.
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Forest Park & Zoo Drainage Project Meeting: 6 p.m. March 29, 2017; Botanic Garden Center, 3220 Botanic Garden Blvd - Rosebud Room.

Pedestrian and Bicycle Advisory Commission: 6 p.m. March 29, 2017; Tarrant Regional Water District, Conference Room, 800 East Northside Drive.
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Fort Worth Transportation Authority Tour of Cavile Place Apartments: 11 a.m. March 30, 2017; Cavile Place Apartments, 1401 Etta Street.
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Fort Worth Housing Solutions Public Meeting: 5:30 p.m. March 30, 2017; Wayside Middle School Cafeteria, 1300 Old Decatur Road .
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City of Fort Worth and Fort Worth Police Officers Association - Meet and Confer: 11 a.m. March 31, 2017; Azalea Room, Fort Worth Botanic Garden, 3220 Botanic Garden Blvd.
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