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Sales tax collections down slightly in July

Posted Sept. 15, 2020

Fort Worth’s net sales tax collections in July totaled $13,097,419, down from July 2019 by 1.8%.

The city’s General Fund net sales tax collections through July are 96.2% to budget and at 100.6% through the same period last year. The Crime Control and Prevention District Fund sales tax collections through July are 97.3% to budget, and 100.6% through the same period last year.

The city originally anticipated collecting $172,769,615 in the General Fund by fiscal year end according to the FY2020 adopted budget.

Current collections are performing in line with expectations considering the adverse effects of COVID-19. Net collections performed better than the state’s decrease of 5.63% compared to last year. Future collections will continue to provide further understanding of the ongoing economic impact of the pandemic.

Sales tax revenue represents 22.4% 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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City Council Work Session: 8:30 a.m. Sept. 22, 2020; City Council Conference Room 2020, 2nd Floor, City Hall, 200 Texas St.
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City Council Meeting: 10 a.m. Sept. 22, 2020; City Council Chambers, 2nd Floor, City Hall, 200 Texas St.
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AllianceAirport Authority, Inc.: 1 p.m. Sept. 22, 2020; City Council Conference Room 2020, 2nd Floor, City Hall, 200 Texas St.
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Central City Local Government Corporation: 1 p.m. Sept. 22, 2020; City Council Conference Room 2020, 2nd Floor, City Hall, 200 Texas St.
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Fort Worth Local Development Corporation : 1 p.m. Sept. 22, 2020; City Council Conference Room 2020, 2nd Floor, City Hall, 200 Texas St.
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Bomber Spur Trail Virtual Public Meeting : 6 p.m. Sept. 22, 2020; Webex.

Summer 2020 Virtual Collaborative Conversation - Northwest Division: 6 p.m. Sept. 22, 2020; Virtual event - registration required.
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Canceled Crime-Free Multi-Housing Workshop: 9 a.m. Sept. 23, 2020; Canyons Apartments, 2751 River Park Drive (Media Room).

HR 101: Key Issues and How to Solve Them: 9 a.m. Sept. 23, 2020; Online.
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How to Get Your Online Store Up and Running in 10 Days or Less: 11 a.m. Sept. 23, 2020; Online.
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City Plan Commission: 1:30 p.m. Sept. 23, 2020; WebEx.
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Make Your Website Work for You: Part 2: 2 p.m. Sept. 23, 2020; Online.

Park and Recreation Advisory Board Meeting: 4 p.m. Sept. 23, 2020; WebEx.
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RFP, RFQ, ITB, A+B, and Best Value Solicitation Workshop: 8:30 a.m. Sept. 24, 2020; Fort Worth Business Assistance Center, 1150 South Freeway.
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Simple Steps to Starting Your Business: noon Sept. 24, 2020; Online.
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Emergency Physicians Advisory Board: 12:30 p.m. Sept. 24, 2020; Virtual.
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Setting Up an Online Store with Shopify: 2:30 p.m. Sept. 24, 2020; Online.
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East Lancaster Avenue Corridor - Virtual Kickoff Meeting: 3:30 p.m. Sept. 24, 2020; WebEx.
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Downtown Design Review Board Special Meeting: 8 a.m. Sept. 25, 2020; WebEx.
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Canceled Code Rangers: 9 a.m. Sept. 26, 2020; Hazel Harvey Peace Center for Neighborhoods, 818 Missouri Ave.

Summer 2020 Virtual Collaborative Conversation - West Division: 10 a.m. Sept. 26, 2020; Virtual event - registration required.
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