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Council hears concerns as Haslet sales tax flattens; officials discuss recruiting retail
Summary
Council members pressed staff about five years of flat local sales-tax receipts and discussed barriers to retail development, including proximity to large retail centers, roadway infrastructure and developer site criteria.
Council members at the Aug. 2 budget workshop pressed city leaders about a multi-year stall in sales-tax growth and asked what the city is doing to recruit retail businesses. City staff showed that while property-tax revenue has driven most recent growth, sales tax has been essentially flat over several years. Council members and the mayor said the pattern limits the city's ability to shift the tax burden off residential property owners and into retail consumption. Why it matters: Sales tax growth is closely tied to where retail developers place…
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