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Posts Tagged ‘fund balance’

Sales tax revenue up, but mayor, council not hiring yet (access required)

by Amy Gillentine Published: June 28,2011

Tags: City of Colorado Springs, fund balance, Mayor Steve Bach, sales and use tax revenue

Colorado Springs’ sales tax revenue  is higher than it was at this time last year and is on track to come in over budget by year’s end. The city’s 2011 mid-year financial report shows sales and use tax revenue – the city’s main source of income – is at $36.5 million as of June 1. [...] [...]

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