Receipts average $75,000 below projections
The City of Green River might be forced to rethink their budget if sales tax revenues don’t increase.
The 2015-16 fiscal budget was set with the anticipation of $900,000 being received monthly in sales tax revenue from the state. However, according to Chris Meets, finance director for the city, the average sales tax revenue has fallen to approximately $825,000, $75,000 lower than the amount the budget was set at. The last time the sales tax receipt was over the projected amount needed was February, where the city received $950,000.
“This year concerns me,” Meets said.
While the city will recei...
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