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Local sales tax revenues fall slightly
Thursday, December 11, 2008 by Austin Monitor
The City of Austin has reported its first sales tax figures for FY2009, a 1.4 percent decline for the month of October. Comptroller Leslie Browder noted in a memo today that the city “received $12.2 million this month compared to $12.4 million” for October of last year.
Round Rock saw a 3.3 percent decrease for the month, and revenue for San Marcos, which is heavily dependent on retail shoppers, fell 5.5 percent. Sunset Valley also fell 4.4 percent and Bee Cave was flat, according to Browder.
“Overall, growth for the Austin/San Marcos region decreased this month by 1.6 percent compared to the same month last year,” Browder said.
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