Thursday, November 27, 2008

Another Bug-Laden State System

Actually, it's not "another" one. It's the premier example.

A poor economy means people are spending less. But the Miller Park stadium district is reporting that, through September, sales-tax collections are 2.73% ahead of last year's pace.

District officials reported this week that the November 2008 sales-tax distribution totaled $2,471,449. That amount is about 8% lower than the same period last year, but still represents the third highest sales-tax distribution in November since the 0.1% tax was first imposed in 1996.

...Mike Duckett, the district's executive director, said the latest numbers continue to reflect the volatility in the amount of sales-tax distributions the district receives each month. The November sales-tax distribution actually represents sales-tax collections from September.

What is perplexing to the district is that people have been spending less, yet the district has received about $532,000 more than it projected receiving so far this year

Something's screwy in the programming.

1 comment:

alyysa said...

I got a grant from the federal government for $12,000 in financial aid, see how you can get one also at http://couponredeemer.com/federalgrants/