Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Aurora reports January sales tax decline amid filing-frequency shift; large taxpayers up
Summary
City budget staff reported January sales tax receipts of about $30.1 million, down $837,000 (2.7%) from a year earlier; staff said a change in taxpayer filing frequency and a late Thanksgiving affected timing, while the city's 200 largest monthly filers grew about 7%.
Phil Levine, budget office staff, told the Aurora City Finance Committee that the city collected $30,100,000 in sales tax for January, $837,000 less than the same month a year earlier. "The overall result was a decline of 2.7%," Levine said, and he cautioned that the drop leaves the city behind the 4.5% sales-tax growth assumed in the budget.
Levine said two timing factors drove the January shortfall. First, a very late Thanksgiving…
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
