In the City of Georgetown FY16 Budget, sales tax revenue was projected to be $14.3M and the City expenditures were established based on that number.
It is now reported that the expected sales tax revenue for FY16 is $22.9M. That is a difference of $8.6M!
Where is that money going? Is this a "slush fund" for the City Council to spend on pet projects without public acknowledgement?
We certainly haven't seen a reduction in city taxes.
SHOW ME THE MONEY!
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