MONTGOMERY, AL (WSFA) - There's encouraging news from Tuesday's Montgomery City Council meeting. Sales tax revenue is up this month. As many people know, the city budget relies on sales taxes, and collections haven't been good for quite some time.
However, the numbers WSFA 12 News obtained Tuesday night indicate an economic recovery is in the works. All sectors saw increases, people were buying everything from clothes to cars. Appliance stores were also reporting increased sales, possibly because of the recent appliance rebate program.
Mayor Todd Strange says it all bodes well for next year's budget. "We have to be very smart about what we do in 2011 and not get crazy, but we do have to have that discipline but at the same time it's a lot easier to work with a bit more revenue then we've had in the past," says Strange.
Revenues went up from $7.4 million last April to $8.3 million dollars this April. That is a 12.9% increase, nearly a million dollars.
Even with the increase, the city is still being frugal. We're about halfway through the fiscal year and the Mayor says a recent review of spending indicates all departments are still under budget.
Also announced at Tuesday's Montgomery City Council meeting: