Sales tax revenues declining

Sales tax revenues declining

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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.)

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