Even with gas prices above the $2.00 level Sales Tax revenues reached another milestone.
During the 2006 Budget process, we projected income at $1,500,000 for 2005. The Department of Revenue distribution to Concordia came in last month at $1,496,869.75. That is just $3,130.25 short of the prediction. It is not quite like Ivory Soap since it was 99.8% of the projection.
I mentioned this at the morning Chamber Coffee because it reflects in the health of our community. In 1995, the City Sales Tax revenue was $794,400. That is quite a jump in 10 years and reflects on the growth of our business community. Congratulations folks!
Subscribe to:
Post Comments (Atom)
1 comment:
I commend the city staff in their abillity to project the sales tax revenue. GOOD JOB! Keep it up.
Post a Comment