'It's not your enemy, you gotta know where you are at,' said Koniar. The major problem facing Foley is that sales tax revenue is down 15%. 'We anticipated a 10% decline, but it's a little more than what we thought,' added Koniar. That means the city has to make changes, and the mayor said layoffs are still a possibility."
Saturday, February 7, 2009
City of Foley facing tax shortfalls | Fox10tv.com
City of Foley facing tax shortfalls | Fox10tv.com: "FOLEY, Ala. - Last year, it took $24 million to run the city of Foley, but only $23 million was collected in revenue. Lately, looking at the calculator has been tough for Mayor John Koniar.
'It's not your enemy, you gotta know where you are at,' said Koniar. The major problem facing Foley is that sales tax revenue is down 15%. 'We anticipated a 10% decline, but it's a little more than what we thought,' added Koniar. That means the city has to make changes, and the mayor said layoffs are still a possibility."
'It's not your enemy, you gotta know where you are at,' said Koniar. The major problem facing Foley is that sales tax revenue is down 15%. 'We anticipated a 10% decline, but it's a little more than what we thought,' added Koniar. That means the city has to make changes, and the mayor said layoffs are still a possibility."
