November 11, 2009

Sales Tax Updates - Huh?

The Springfield Business Journal is reporting that Springfield saw encouraging numbers from its sales tax revenues this month.  The city's November sales tax check totaled $2.1 million.  That number is flat from the same time in 2008, but much better than previous months that had seen double-digit declines.  For the year, the city's tax revenues are down 9.7% ($1.5 million.)  In October, Springfield cut $1 million from its general revenue fund budget due to sales tax shortfalls earlier in the year. 

I've received no 'official' updates on Neosho's numbers since the budget conversations in September.  My quick search of the Neosho Daily site yielded no other insight.  Word on the street is that November's check was about $150,000 above expectations.  Unfortunately, I have nothing to confirm or deny that.

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