Philadelphia City Controller Alan Butkovitz has issued a “special economic update” celebrating record high sales tax collections for February. Last month was the highest one-month sales tax collection recorded in the city.
The city took in $1.14 million more than it did last February, which the Controller’s office says is an indication of a strong holiday shopping season in Philadelphia. February sales tax revenue has gone up every year since Fiscal Year 2010 when the city’s 8 percent sales tax took effect.
Sales tax revenue for this February was $23.9 million.