Wednesday, December 28, 2016

Where Did the Sales Tax Windfall Go?

The City budgeted $21.52M in sales tax revenue for FY16 according to their FY16 budget. It was recently reported that the sales tax refunds from the state set a new annual record of $22.6M. That is adjusted to $22.478 for FY16.

Inquiring minds would like to know where the excess sales tax revenue of $958,000 was spent. Were debt payments accelerated, the funds depositied into the Council slush fund, or were other under budgeted functions covered, like the EMS overtime?

The City needs to be transparent on how and where these funds were applied.

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