September Collections Increase by 8 Percent Compared to Last Year

The City collected approximately $230.2 million in General Fund tax revenue in September of FY2023, compared to $213.6 million in September of FY2022, an increase of approximately $16.5 million, or 7.7% according to preliminary collections figures. However, the City’s September Tax Revenue Report for this year only shows collections through the 28^th of the month, and therefore two fewer days of collections, compared to last year due to the implementation of Phase II of the revenue system upgrade. Collections for the last two days of September FY2023 will carry over into October collections, also skewing analysis for that month.

For the full report click HERE

For past reports click HERE