Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
SALT LAKE CITY (AP) -- A slowing economy means sales tax revenues in Salt Lake County could be off by as much as $5.3 million by the end of the year.
However, county leaders say that decline probably won't lead to a tax increase in 2009.
Instead, they say they can absorb the downturn through cash reserves and slimmed-down spending.
Salt Lake County Mayor Peter Corroon is ordering his departments to keep down costs.
Information from: The Salt Lake Tribune
(Copyright 2008 by The Associated Press. All Rights Reserved.)