By Pat Loeb

PHILADELPHIA (CBS) — The final total for the first year of Philadelphia’s beverage tax is in, and it’s about 15 percent below projections.

The tax brought in $6.5 million in December, bringing the first year receipts to $78.8 million. It was clear several months ago the tax was not going to reach the projected $91 million the city had budgeted, but officials say they were waiting to see a full year’s revenue before making any changes.

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Now that those figures are in, city spokesman Mike Dunn says they will revise projections, though he couldn’t say by how much or what impact it will have.

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Dunn says, despite the shortfall, the tax has had its benefits.

“$78.8 million has brought 2700 children free, quality pre-K. It has also brought 11 community schools which support 6,000 students. Seventy-one percent of those students are below the poverty level. Those are things that would not have happened had we not had this beverage tax,” said Dunn.

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Dunn says the programs have been hampered by the beverage industry suit against the tax. The beverage industry says the receipts show the tax is not a stable, reliable way to fund programs.