Tax revenue not a concern yet
January 20, 2021
Revenue from sales tax receipts took a tumble in January, but the figures aren’t a cause of alarm for the City of Green River yet.
Chris Meats, the city’s finance director, said revenue is typically down in January as sales tax from Christmas shopping isn’t available for distribution to towns and cities.
Meats said revenue from sales tax, which accounts for 73% of the city’s total revenue, ranged between $767,000 and $700,000 since the start of the fiscal year, which began in June. January’s tax distribution amounted to $584,000.
When adopting the city’s budget, Meats said the...