2010-08-05 / Editorials
What Happened? Sales Tax Receipts Take a Dive
Last week, following three consecutive months of positive sales tax reports, Putnam lawmakers heard some discouraging news from Commissioner of Finance William Carlin concerning monthly sales tax. Revenue declined in June by nearly $275,000 from the same period in 2009, marking the first time since March that county sales tax dollars failed to best the previous year.