Tax revenue for Abilene is up 9.31 percent compared to last year; with an extra $757 thousand received from Austin. Although revenue was up in 2008 compared to 2007, it has steadily dropped over the last three months.
Here is a snapshot of the revenue payments received through January and how big the increase is from 2007.
- November (September sales) 16.85%
- December (October sales) 9.71%
- January (November sales) 5.41%
The revenue received next month will December sales. Last year, there was $2,932,831 in tax revenue from December 2007.