Monday, October 15, 2007

Sales tax revenue down

Here is an article from the Kingman Daily Miner. In it the reporter was interviewing Coral Loyd who said a lot of things that I agree with.

1. The cities revenue goal is short in the first quarter of the fiscal year and it's not the fault of the cities impact fees.

No, it is a decline in retail sales right here in Kingman. I've been hearing all over town that citizens hours have been cut whether they are in construction, lending, service industry related or just about anything else. Ms Loyd encourages Kingman's residents to shop local too, which I have to say I applaud. There are ways to create more jobs in Kingman.

2. Ms Loyd also said that the city is placing a freeze on hiring as one of it's cost saving measures.

I think that it is prudent that the city do just that. Unfortunate, but prudent. There economic strategies which will increase sales tax revenues and jobs in Kingman.

3. Ms Loyd also said that if the voters approve the bond issues in November there will be new construction which will provide jobs for more people and those people in turn will be able to spend that money in the community.

Makes sense to me. In fact, anything the city and it's citizens can do to keep a forward momentum is good. Growth is good, stagnation is not. It's just common sense.

4. The last comment from Ms Loyd was regarding Rattlesnake Wash and Kingman Crossing.

The most responsible thing for the citizens of Kingman to do is identify those projects which will enhance the city, provide jobs, improve the infrastructure and attract new people to our community and show their support for those projects! Keep the forward momentum we had going Kingman.

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