Sales Tax revenue for the City of Keller fell 9.3% over last years collections for February and down over 5% year to date. It’s going to get worse before it gets better. If this trend continues, revenues will be down almost a million dollars for 2010.
The City balanced last years budget without having to cut salaries or the number of employees by negotiating a better health insurance rate and by moving some money around. And while sales tax revenues make up a much smaller portion of our general funds budget than other cities (because we have such a small retail base compared to Southlake, Grapevine or even Roanoke), what are the plans for next year? Will they finally have to cut the staffing levels at City Hall?
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