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Mayor Reid highlights modest tax growth and launches downtown ambassadors and storefront matching program
Summary
In his mayor’s report the mayor said sales-and-use tax rose 3% year over year in April, announced a Block by Block downtown ambassadors program with eight full-time ambassadors and a storefront improvement matching program offering 50% matches up to $15,000.
Mayor Reid delivered a financial update and announced downtown and community investment programs during the Montgomery City Council meeting.
Reid said sales-and-use tax collections increased 3% in April compared with the same month a year earlier, which he said amounted to more than $412,586 in additional revenue year over year. He reported lodging-tax collections showed a sharp month-to-month anomaly because one hotel submitted two months’ payments in April; lodging tax was up about 21% in April compared with the same…
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