General Fund Tax Revenue Exceeds Last Year’s Total through December

While Falling Short of City’s Anticipated Growth Rate

General Fund tax collections through December totaled $1.292 billion, an increase of 3.7 percent from the same period in FY2016, but one percent below the estimated growth rate of 4.7 percent. The current estimate for FY2017 General Fund tax revenue is $3.089 billion.

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