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.

To continue reading
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.