We just received a report on sales tax revenues in Mineola.
These figures are based on March and 1st qtr 2011 sales by our local merchants and businesses.
- Sales tax collections were down 4.81% compared to May 2010.
- Local sales tax collections were down 7.69% from calendar year 2008 to 2010.
- These figures indicate a significant reduction in retail sales for Mineola during the 2 ½ year period.
How can we make up this revenue without raising taxes?
Passing Propositions 1 & 2 will more than make up for these revenues.
Our town already operates on a shoestring budget.
- Our Mayor is not paid.
- Our city council members are not paid.
City services are already at a minimum level. So if this missing revenue is not made up, the next steps are to further reduce service and/or raise taxes.
Is this enough to convince you to VOTE on May 14th?
Source: Texas State Comptroller’s Office