News

Jul 23, 2013 10:25 AM by AP/CS

Vinton tax revenue sees 5 percent increase

VINTON, La. (AP) - Town officials say Vinton's sales tax revenue has jumped nearly five percent over the previous year.

As of June 30, City Clerk Mary Vice tells the American Press the town's sales tax revenue has brought in $662,000.

The town budgeted $837,500 in sales tax revenue for its fiscal year ending Sept. 30, 2013.

Vice says funds from the sales tax go into the town's special revenues fund and are transferred to cover operating expenses, capital outlay projects or where there is a need.

Mayor Kenny Stinson says the town is working to bring additional businesses to Vinton to allow residents "more choices," which would in turn bring in more sales tax revenues.

»Comments

»Topics in this article

Top Videos

1 2 3 4

Most Popular