Anticipating Sales Tax Revenue Drops
Local governments are increasingly relying on local sales taxes to supplement property tax revenues. While it is more popular than property tax, local sales tax is highly pro-cyclical and it generates very volatile revenue streams. When the economy is good, governments see rapid revenue growth without the hassle to raise tax rate; when the economy turns south, however, the pain of budget cut is a lot more severe.
Here are three recent cases from ICMA newsletter (11/20 & 11/24, 2008):
❑ Wilkes County, NC Anticipates Sales Tax Revenue Reduction
The Wilkes (NC) Journal Patriot (11/20, Hubbard) reports, "Cost-cutting measures for Wilkes County (NC) government were announced at the county commissioners meeting Tuesday night to help offset an anticipated reduction of at least $750,000 in sales tax revenue this fiscal year."
❑ Yuma, AZ Expects $3 Million Revenue Shortfall
In an editorial, the Yuma (AZ) Sun (11/24) writes, "Times are tough for businesses due to the slow economy, but they are also tough for government entities who depend on sales taxes and other consumer-generated revenue to help pay the bills." The Sun notes that Yuma is "anticipating a $3 million revenue shortfall."
❑ Sales Tax Revenue Drops in O’Fallon, IL
The Belleville News Democrat (11/23, Wuerz) reported O'Fallon Finance Director Dean Rich said projects "will have to go into mothballs" due to "declining sales tax revenue." City Administrator Walter Denton noted that sales tax revenue has been consistently down about 10 percent since last fall, and the city had made corresponding budget cuts so as to “weather the storm of the bad economy.”
Comments
As a new blogger personally, it is actually great to see a good quality blogger for something different. I hope to learn a lot from scanning other folks blogs and I feel that your own has a great deal to offer the subscriber, appreciate it for spending some time and making the effort. Dianna
Posted by: Rosario Mastropaolo | July 29, 2010 4:27 AM
I am so glad it was helpful, Jenny. I'm learning as fast as I can and will continue to pass on lessons as we go. Happy Pinning!
Posted by: Mariko Macnair | June 1, 2012 5:13 PM
Tried SSH into my account and observed that I can run PHP scripts OK! Yeah.
Posted by: Vannesa Bradish | August 10, 2012 4:22 AM
Still wish the Quicksilver member's had a picture associated with their Bio's like the 1 with Joe Dean's Bio.
Posted by: Bambi Mack | August 22, 2012 4:27 AM
I wanted to write you the bit of observation to finally thank you yet again on the spectacular knowledge you have provided on this page. It has been really wonderfully generous of people like you to convey without restraint what many of us could have marketed as an e-book in order to make some bucks for their own end, even more so considering that you could have done it if you ever wanted. Those secrets in addition worked to be the good way to recognize that someone else have the same fervor like mine to know the truth somewhat more when considering this condition. I'm certain there are some more pleasurable situations up front for many who look over your site.
Posted by: Gardiner | August 24, 2012 8:06 PM
Wow! Thank you! I constantly needed to write on my website something like that. Can I include a part of your post to my blog?
Posted by: Payment Gateway Resellers | August 26, 2012 6:40 PM
I'm glad that i discovered your blog, there really are a couple of cool content pieces
Posted by: avi in itunes | August 29, 2012 3:49 PM
I wrote that publish! And i have linked to you Captain!
Posted by: Homepage | August 30, 2012 1:33 PM
We have an appointment tomorrow and im super nervous, Im just wondering what i have to do and how it will go...
I hope to the best!
Posted by: Read More | August 30, 2012 2:05 PM
Finnaly iv'e outside of every one of the sites ive seen this is the only one that gives this good of information. thanks
Posted by: get well soon messages | August 30, 2012 11:24 PM
I am beginner in development field I hunting new social plugin you have a wonderful collection of twitter plugins. Many thanks Eric
Posted by: get well | August 30, 2012 11:35 PM
Some truly nice stuff on this site, I love it.
Posted by: Bruce Breton | August 31, 2012 1:52 AM
My developer is trying to convince me to move to .net from PHP. I have always disliked the idea because of the expenses. But he's tryiong none the less. I've been using WordPress on a number of websites for about a year and am worried about switching to another platform. I have heard great things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any kind of help would be really appreciated!
Posted by: free payday loans | August 31, 2012 6:11 AM
Howdy would you mind stating which blog platform you're using? I'm planning to start my own blog in the near future but I'm having a hard time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I'm looking for something unique. P.S Apologies for being off-topic but I had to ask!
Posted by: cashloans | August 31, 2012 8:29 AM
We stumbled over here by a different page and thought I might check things out. I like what I see so now i'm following you. Look forward to going over your web page for a second time.
Posted by: bombiniere solidali | August 31, 2012 11:20 AM
Well I sincerely enjoyed reading it. This information offered by you is very helpful for accurate planning.
Posted by: Bruce Breton | August 31, 2012 12:22 PM
This week I am finishing up binding on a lap quilt that is certainly a wedding give for just a pretty young pair. I just like doing bindings. It's the finish of an individual project and the beginning thoughts of your next!
Posted by: Emily Labog | August 31, 2012 9:34 PM
Nando shirtless is generally a eyecatcher!
Posted by: Leslie Kessinger | August 31, 2012 10:11 PM
My goal is finish at least just one block for Birdie Stitches quilt.
Posted by: Elizabeth Saulter | September 1, 2012 7:55 AM
You got a very excellent website, Glad I found it through yahoo.
Posted by: Priante | September 3, 2012 9:41 AM
Thanks SO much for coming to Utah to Doodlebug on Saturday. You've got no idea how much I needed to hear what you had to say. So, yes, you absolutely do have the ability to "lift and encourage other women."
Posted by: Wally Berhalter | September 3, 2012 10:25 AM
Whoah this blog is excellent i like reading your articles. Keep up the great work! You recognize, many persons are looking around for this info, you can aid them greatly.
Posted by: robe fashion glamour | September 4, 2012 9:09 PM
Nice effect. Thanks to share this.
Posted by: Enda Liptok | September 19, 2012 3:10 AM
It's okay to investigation the Internet for post ideas, but it is not ok to copy word-for-word of any article. Paraphrasing may also be classified as plagiarism. Be original.
Posted by: Phallosan USA | September 21, 2012 3:00 AM
Thank you for the auspicious writeup. It in reality was a entertainment account it. Glance complex to far introduced agreeable from you! By the way, how could we communicate?
Posted by: seo perth | September 24, 2012 2:14 AM
I am constantly browsing online for posts that can help me. Thx!
Posted by: Salvador Cochrum | September 24, 2012 3:11 AM
Greetings to anyone. We're from the Greece and get a completely new site. Take A Look At my blog site and inform me your point of view. It Easy To See many ideas and knowledge about my job. It Is Really no cost 100% and without registrator. Thanks A Lot To everyone who's going to browse my modern url. This Will Assist my work. | καταστήματα ειδών υγιεινής |
Posted by: click here | September 26, 2012 3:53 AM
awesome article I smoked for 40 years and I stopped. It can be ten ages now I'm not smoking and I am very happy and healthy
Posted by: Frank Landaker | October 3, 2012 5:24 AM
Thanks! We like Ouray and may give back after we can.
Posted by: Bonny Castellucci | October 5, 2012 1:57 AM
I’m grateful for such an good blog! Cheers! Having said that you ever thought that we at the moment put our focus way to much on things which just don't really matter, like my boyfriend privately browsing on Naked Females Photos He is convinced i might not really realize it, but i do! But back to topic .. Right behind our rear our governments plotting for the future big world war, shaving our legal rights down, and throwing away our income tax dollars. We must step back a bit from unproductive websites and learn more alterative news flash mass media like f.e. prisonplanet.com , naturalnews.com or infiniteunknown.net - I believe that We Are The People, and we should really call for action and impose the change to the best of the people!
Posted by: pics of teacher momsex 06 | October 7, 2012 2:46 PM
Hey I just got a popup from my firewall when I opened your site. Do you know why this occured? Could it perhaps from the advertisements or something? It truly unusual and I wish it was harmless? Come on, it's my new PC...
Posted by: Buy Prosolution pills | October 9, 2012 3:55 AM
I enjoy the efforts you have put in this, regards for all the great articles.
Posted by: Longboard Decks | October 10, 2012 6:02 PM
i dont know
Posted by: Jessika Kallbrier | October 19, 2012 3:47 AM
Internet is written with the capital letter in a sentence, by the way. And hundredths are written not with a point but with a comma. This is according to the standard. And actually everything is very good..!
Posted by: promotop | October 20, 2012 6:41 AM
As I have expected, the writer blurted out..!
Posted by: seneo.net | October 20, 2012 7:41 AM
Thank you for your blog post. ThomasVelupe and I are saving for our new ebook on this subject matter and your short article has made us all to save the
Posted by: ugg | October 20, 2012 1:54 PM
Hello, i really enjoy reading your blog. I like the way its written, and totally dig the concept. Is there any way to subscribe to your site?
Posted by: tranny wiki | October 20, 2012 8:32 PM
Hello, i really enjoy watching your blog. I like the way its written, and totally dig the concept. Is there any way to subscribe to your site?
Posted by: hairy cams | October 25, 2012 9:41 PM
Do you think that I ought to be packing' once i require the Cord out?
Posted by: Floyd Goluba | October 28, 2012 1:55 AM
Every time I come back here again and don`t get disappointed..!
Posted by: Claude Manns | October 28, 2012 7:52 AM
I am not really excellent with English but I line up this real easy to read.
Posted by: eu wife | October 29, 2012 1:27 AM
Nice one! I will share some of your ideas and info to my colleagues... hope it's fine! =)
Posted by: escorts leeds | October 29, 2012 2:35 PM
You have to know how to accept rejection and reject acceptance.
Posted by: Kirstie Hinckle | October 30, 2012 7:10 PM
I read and feel at home. Thanks the creators for a good resource..!
Posted by: klinika murano | October 30, 2012 10:04 PM
I'm still learning from you, but I'm making my way to the top as well. I absolutely love reading all that is posted on your blog.Keep the tips coming. I liked it!
Posted by: yak zrobutu sait | October 31, 2012 1:54 PM
I enjoy you because of all your valuable hard work on this web page. Debby loves making time for investigation and it is easy to understand why. Almost all notice all relating to the lively way you produce effective things through your blog and encourage participation from some others on the subject matter then our favorite daughter is in fact becoming educated a great deal. Have fun with the rest of the year. You are conducting a really great job.
Posted by: Craig Breheny | November 5, 2012 2:34 PM
This could get the blogger’s choice award. Like no other website web site in truth. You’ve just presented
Posted by: Alejandro Keitel | November 6, 2012 3:46 AM
I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You've made my day! Thanks again!
Posted by: Ron Iwami | November 6, 2012 5:39 AM
Good posting going on on this site, it kept me busy all morning. But through the way however this can be a good web page. Congratulations
Posted by: Earlean Hricko | November 6, 2012 10:02 AM
I used to smoke about a pack a day. originally, when i first purchased my electronic cigarette (a much more EXPENSIVE version mind you UGH) I wasn't completely satisfied, mostly from being uninformed of the resources online and the refillable liquids and so on. Once i purchased my first bottle of 36mg nicotine liquid (i know, a bit much to be honest, prob. prefer 24 at the most) my cigarette days have been over. I have not officially' had a cigarette in about 3 months and have ZERO withdrawal symptoms. Much cheaper. I took a hit off of someone's cigarette after having quit for so long and it actually made me nauseated because of the awful taste. So i have successfully transferred my enjoyment to the e-cigarette instead of the natural cigarette. I am much happier, find that i use it less, as a mom i lost the fear of passing on the second-hand smoke that sticks to you whether you smoke around your family or not, i have even gotten my mother in to it, a 40+ years smoker and she loves it. I can't guarantee the complete and total perfect safety of such a product, but i can definitely say there's absolutely no way it's killing people every moment of every day the way cigarettes do. This is the way to avoid COPD/emphysema and overall, i actually FEEL physically better. No smoker's hack. no phlegm. my husband actually will sit next to me without gagging, hahaha. I sit in front of smokers smoking cigarettes and have zero urge for a cigarette anymore. It's worth it. I am totally 100% satisfied, but i just wish i could find a better model. the one i purchased (not from here) was probably double or more the price and i constantly have issues with ONLY the batteries. One battery acts like it's dying constantly even though all i have to do is take it apart and put it back together for it to work, and the other you have to pull as if you're attempting to cyphen gas from a tank. lol ... i dont know what product will give me exactly what i want, if anyone could recommend / guarantee one, it would be great: battery life of a "whole day" (morning to evening), Full thick vapor and doesnt need to be replaced every 2 weeks! bye!
Posted by: Sooppeed73 | November 6, 2012 11:54 PM
Hello, i really like visiting your website. I like the way its written, and totally dig the topic. Is there any way to follow your site?
Posted by: newhalf | November 7, 2012 8:26 PM
I like this post, enjoyed this one appreciate it for posting.
Posted by: bootszubehor | November 10, 2012 4:26 PM
I always was concerned in this subject and still am, thanks for posting .
Posted by: Norma Kounkel | November 12, 2012 1:41 AM
I like this blog very much, Its a really nice berth to read and get information.
Posted by: online tutoring | November 12, 2012 5:45 PM
I believe for people today that can downsize offer there property and be able to afford one among these that may be just terrific. For me residing basically will not be using economic institutions that imprison us. We (me and Julia) will have our tinyhouse develop for all over 5000. completely loaded... A lot more so than just downsizing and living green I thought the goal was to be independent and not swap out on form of debt for a further. California primarily based manufactures neglect that California is within a bubble. You are able to get houses for much less than 5000 dollars in other places from the place. When these companies get the price stage down then I will be impressed.
Posted by: Papierrollen | November 12, 2012 11:17 PM
thanks alot it is just a wonderful position
Posted by: Papierrollen | November 12, 2012 11:33 PM
"But wanna condition the way the is usually really beneficial, Relation to take your time and effort for you to this approach. inch
Posted by: astral projection your dreams | November 16, 2012 3:58 AM
whom would not very find long been placement to report this recommended had worried typically a long time is able to discover it like useuvc ersatzlampe
Posted by: Rocco Anoe | November 16, 2012 9:53 AM
You should take part in a contest for one of the best blogs on the web. I will recommend this site!
Posted by: Colin Yanish | November 21, 2012 1:18 PM
"Another concern is when you are inside a scenario wherever an individual do not have the actual co-signer you'll be able to genuinely wish to attempt to need replacing all of your educational funding options. You will find several awards as well as other scholarship grants which will provide you with financing to help along with college costs. Thanks for that submit. "
Posted by: function rooms in adelaide | November 21, 2012 8:07 PM
"Hi. fantastic work. Used to do not necessarily picture this particular. This can be a wonderful tale. Thank you! "
Posted by: seo | November 21, 2012 10:20 PM
Hi there, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam responses? If so how do you stop it, any plugin or anything you can recommend? I get so much lately it's driving me mad so any support is very much appreciated.
Posted by: cheap parcel | November 22, 2012 12:28 AM
If you ever need to send flowers to Mexico visit us.
Posted by: Deja | November 22, 2012 10:11 PM
Ha! Yes, that would be fun. But, the problem with handheld games right now is the fragmentation of devices. The only device that interests big game companies is the iPhone, and they don't have a video API.
Posted by: Destry | November 25, 2012 9:31 PM
I really appreciate this post.Much thanks again. Will read on...
Posted by: Ericka Merklein | November 27, 2012 2:24 PM
I have been waiting for such a long time for this!!! What a great and substantial content. Thanks for the update and looking forward for more articles like this. =)
Posted by: lionel trains | November 30, 2012 1:33 PM
I enjoy the following site a great deal of, saved. American soldiers must be turned into lamb and eating them is tolerated. through Muammar Qaddafi. inch
Posted by: best caravan service and repairs | December 1, 2012 12:06 PM
I keep listening to this news talk about getting free on the internet give applications therefore I have been looking around for the best website to get one. Could you tell me personally make sure you, exactly where might we get some?
Posted by: forklift hire melbourne | December 6, 2012 4:03 PM
Thankyou simply for helping within apart, great info. inch
Posted by: forklifts hire melbourne | December 6, 2012 11:58 PM
I such as the website, and am sure to maintain returning
Posted by: exercise bikes | December 7, 2012 4:33 AM
Cultivate often the fantastic function, I simply read a small number of articles on that website as well as I just get pregnant this website may be really fascinating not to mention has plenty from fantastic data. inch
Posted by: forklift hire | December 7, 2012 12:25 PM
I visited a lot of website but I conceive this one has got something special in it. "Yes, risk-taking is inherently failure-prone. Otherwise, it would be called sure-thing taking." by Tim McMahon.
Posted by: distributor alat | December 7, 2012 8:13 PM
Weird that this question went unanswered. I'm just a crew leader. But from what I've read, census data is locked up very, very tight. There is NO WAY it would ever be shared with local authorities trying to enforce local housing regulations. There have been a few abuses in the past, but each time, in response, the Census Bureau has tightened the privacy regulations. If you research "Title 13 or "census privacy" you will find that guarding information about people is the highest priority for the census. The training I got really emphasized that over and over. Census workers can't discuss people they talk to and can't show the filled-out forms to anyone who has not taken a sworn oath (seriously!) to protect the privacy of the people they've interviewed.
Posted by: Gaylord | December 11, 2012 3:07 AM
We will be sending money since we don't know what else to send and that will allow them to decide what needs to be bought
Posted by: Eloise | December 11, 2012 3:36 AM
hi blair, how did you get the source code of stbTracker?
I have a problem of developing cell phone program using artoolkit.
Posted by: Corbin | December 11, 2012 3:56 AM
Definately Great news.
Now Jobs can be created.
And Business Owners can start living a decent life again.
Posted by: Beau | December 11, 2012 4:05 AM
It is a pretty important job Maria, just like as marriage counselors who are privately employed government employees are very important.
Posted by: Flannery | December 11, 2012 8:15 PM
Absolutely composed content material, Really enjoyed looking through.
Posted by: email marketing | December 14, 2012 5:34 PM
Love these a good deal! Thank you. Edwina Brown
Posted by: Gemma Scharpman | December 15, 2012 5:48 AM
The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive.
Posted by: Car Forum | December 18, 2012 11:23 PM
Very excellent info can be found on web site.
Posted by: Anthony Peno | December 20, 2012 11:29 AM
Appreciation to my father who informed me about this web site, this weblog is really awesome.
Posted by: home | December 24, 2012 6:02 AM
I am forever thought about this, regards for putting up.
Posted by: beast 123 | December 25, 2012 9:11 AM
I went over this website and I think you have a lot of good information, saved to bookmarks (:.
Posted by: sablon kaos | December 26, 2012 3:32 AM
I like this blog very much so much excellent info.
Posted by: Una Bucklin | December 30, 2012 3:25 AM
Its wonderful as your other posts :D, thank you for posting.
Posted by: Carey Cunnick | January 13, 2013 1:09 PM
There is definately a lot to learn about this topic. I really like all of the points you’ve made.
Posted by: pavimenti | January 18, 2013 12:47 AM
Just wanna tell that this is extremely helpful, Thanks for taking your time to write this.
Posted by: Donny Tauer | January 27, 2013 12:37 AM
You are a very smart individual!
Posted by: Salvatore Meyers | February 18, 2013 5:24 AM
Truely a unhappy day. Prayers for that relatives
Posted by: Yolanda Panda | February 19, 2013 12:33 AM
One thing I'd really like to say is that often,Thanks for the points
Posted by: Maria Jones | February 19, 2013 7:01 PM
Thanks for all your efforts that you have put in this. Very interesting information. "The deeper the sorrow the less tongue it hath." by The Talmud.
Posted by: Leonora Sympson | February 23, 2013 12:39 AM
You need to be a part of a contest for one of the highest quality websites on the internet. I'm going to highly recommend this web site!
Posted by: Janiece Fitzhenry | March 4, 2013 10:17 AM