Home > News

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.

Get articles like this in your inbox. Subscribe to City News.

City News

Calendar

Disciplinary Appeal of Indefinite Suspension of Chad Kingston: 9 a.m. Sept. 28, 2020; Bob Bolen Public Safety Complex, Classroom 1134, 505 W. Felix St.
View the agenda »

Building Standards Commission Meeting: 9:30 a.m. Sept. 28, 2020; WebEx.
View the agenda »
Register for this event »

Trinity Metro Committee Information Meeting: 2:15 p.m. Sept. 28, 2020; Telephone Conference Call.
View the agenda »

Trinity Metro Board of Directors Meeting: 3:30 p.m. Sept. 28, 2020; Telephone Conference Call.
View the agenda »

Disciplinary Appeal of Indefinite Suspension of Chad Kingston: 9 a.m. Sept. 29, 2020; Bob Bolen Public Safety Complex, Classroom 1134, 505 W. Felix St.
View the agenda »

DFW International Airport Operations Committee Meeting: 12:30 p.m. Sept. 29, 2020; Conference Call.
View the agenda »

DFW Intenational Airport Finance/Audit Committee Meeting: 12:40 p.m. Sept. 29, 2020; Conference Call.
View the agenda »

DFW Concessions/Commercial Development Committee Meeting: 12:55 p.m. Sept. 29, 2020; Conference Call.
View the agenda »

Canceled City Council Work Session: 3 p.m. Sept. 29, 2020; City Council Conference Room 2020, 2nd Floor, City Hall, 200 Texas St.

Summer 2020 Virtual Collaborative Conversation - East Division: 6 p.m. Sept. 29, 2020; Virtual event - registration required.
Register for this event »

City of Fort Worth Firefighters' and Police Officers' Civil Service Commission: 6 p.m. Sept. 29, 2020; WebEx.
View the agenda »
Register for this event »

Canceled City Council Meeting: 7 p.m. Sept. 29, 2020; City Council Chambers, 2nd Floor, City Hall, 200 Texas St.

Disciplinary Appeal of Indefinite Suspension of Chad Kingston: 9 a.m. Sept. 30, 2020; Bob Bolen Public Safety Complex, Classroom 1134, 505 W. Felix St.
View the agenda »

Design Thinking for Entrepreneurs: 2 p.m. Sept. 30, 2020; Online.

Summer 2020 Virtual Collaborative Conversation - Central Division: 6 p.m. Sept. 30, 2020; Virtual event - registration required.
Register for this event »

Dallas Fort Worth International Airport Board Meeting: 8:30 a.m. Oct. 1, 2020; Conference Call.
View the agenda »

Job Training - Create a Resume: 2 p.m. Oct. 1, 2020; webinar.
Register for this event »

Downtown Design Review Board: 3:30 p.m. Oct. 1, 2020; WebEx.
View the agenda »
Register for this event »

Fort Worth Library Advisory Board: 6:30 p.m. Oct. 1, 2020; WebEx.
View the agenda »
Register for this event »

Library Advisory Board: 6:30 p.m. Oct. 1, 2020; Virtual.

View the full city calendar and current meetings.