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Spokane County briefing flags possible large local revenue losses from state income-tax bill
Summary
County officials warned March 10 that recent changes to a proposed state income-tax bill could cut local sales-tax revenue, estimating a $150'$200 million annual hit to counties and prompting county officials to seek mitigation language in the budget.
County leaders at a March 10 briefing said recent amendments to a high-profile state income-tax bill have broadened sales-tax exemptions and could substantially reduce local revenue. The board of county commissioners's state lobbyist, Lee Burgess, told commissioners that the legislature is engaged in lengthy floor debate and that budget documents expected on March 11 will show whether a proposed local-government mitigation fund provides offsets for lost revenue.
A county official (speaker 3) said…
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