Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Montgomery reports slow sales-tax growth; lodging, gas and alcohol taxes rise
Summary
Mayor reported modest sales-and-use tax growth and stronger lodging, gasoline and alcohol-tax receipts, and reminded businesses that the city extended the business license deadline to Feb. 21 with accounts required to be current for renewal.
Mayor (not specified) told the Montgomery City Council that sales-and-use tax growth is "relatively flat, just showing about 1.36" and flagged that figure as a concern for city revenues.
The update, given during the council meeting's financial report, said sales-and-use tax accounts for roughly half of the city's general fund operating and debt-service budget and is being closely monitored by the chief financial officer. "We haven't seen the type of growth that we'd like to see," the mayor said.
The mayor placed the sales-tax softness in a national context: forecasters have…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
