Summary
Lagging retail sales spell trouble for city
The latest sales tax revenue figures from the city of Columbia paint a bleak picture of the local economy.See the full content of this document
Extract
Week in Review
City Manager Bill Watkins reported this week that sales tax receipts for October and November - the first two months of the city's fiscal year - are down about 3 percent from the same period a year ago.
"If the current trend continues," Watkins wrote in a memo to department heads, "the General Fund could be approximately ...See the full content of this document
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