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Montgomery City reports modest revenue gains; announces Carter Hill water-main work, two senior hires and neighborhood events
Summary
Montgomery City officials reported modest year-over-year gains in several tax revenue streams and outlined a February water-main replacement on Carter Hill Road while announcing two senior staff appointments and upcoming neighborhood events during a council meeting.
Montgomery City officials reported modest year-over-year gains in several tax revenue streams and outlined a February water-main replacement on Carter Hill Road while announcing two senior staff appointments and upcoming neighborhood events during a council meeting.
A city staff member said the current fiscal year "ended on a positive note for all 4 revenue categories," summarizing collections for sales and use tax, lodging tax, gasoline tax and the alcoholic beverage tax. The presenter said sales and use tax was essentially breakeven compared with the same period the prior year but showed a year-over-year growth rate of nearly 2 percent. The presenter attributed part of the variation to some payments processed by the Alabama Department of Revenue being insufficient, which reduced total collections.
The presenter said lodging tax collections rebounded in December, with a December growth rate of more than 16 percent and an overall fiscal-year growth rate…
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