August 25, 2019·Ranson Financial·1 min read

Sales tax revenues were down about 8 percent during the second quarter of 2019, according to a financial report Aug. 19 at the Unified Government Economic Development and Finance Committee meeting.

According to Debbie Jonscher, UG deputy chief financial officer, revenues were down six-tenths of a percent than the previous quarter primarily because of the sales tax coming in 8 percent below the target.

She said the UG now has adjusted the sales tax revenue target down in the amended budget.

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