Bridging the revenue gap: Officials say enacting levy became necessary because sales tax revenue growth has remained flat
Sunday, October 7, 2012
Slow and steady wasn't going to win the race. It would not have been a safe bet to believe that sales tax revenue would make a big comeback in 2012 after a drop in 2008 and four consecutive years of inching forward, especially when it was paired against weaker state reimbursements for services. Timing was off for the proposal of a use tax. Tapping into emergency reserve funds should be saved for a more high-stakes situation, a true emergency, like an earthquake or tornado.
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