The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

Sales tax receipts may exceed projections

 


City staff are confidant that the half cent sales tax, which began collection in July 2013, will garner significantly more in funds this year than expected.

Now that the first six months of the tax collection have been reported, the total funds in city accounts from the tax equal around $476,000, even though the city had to pay out a significant refund one month.

“It clearly shows that our optimism is founded,” said city manager Gary Person at Tuesday’s city council meeting.

To add to this, the city expects excellent revenue from the tax during the summer travel months remaining in...



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