Monday, May 17, 2010

A Bit of Good News on the Budget - for now

Both the February and March 2010 sales tax receipts were up compared to those months in 2009. This appears to be the first time in a while. Since January 2008 the sales tax had been steadily dropping compared to the prior year (same month), so this is a welcome change from a budgetary point of view. Obviously it would be nice if this change in direction were to continue, even if only by a modest amount.

This change alone will not correct the budget issues we have been monitoring all year - still, every bit helps.

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