Quincy sees big drops in revenue
Tue, 14 Feb 2012 12:54:12 GMT —
After keeping pace for most of 2011, the City of Quincy saw a sharp sales tax revenue decline in November.
According to the
, sales tax revenue was down more than 30 thousand dollars from November of 2010 to November 2011.
Home Rule Sales Tax Revenue saw an even bigger decline, dropping nearly 40 thousand dollars.
City officials are tracking revenues closely as they are in the process of preparing the 2012-2013 budget which will be voted on in April.
In other action, Aldermen approved the low proposal from Peters Heating and Air Conditioning of $48,557 for the replacement of the heating and air conditioning system at Central Fire Station. The City is using a "green energy" state grant to pay for the system, which is replacing the building's original heating system that was installed in 1924.
The Council also approved the low quote of Asphalt Stone Company of Jacksonville of $4,500 for expansion joint milling on runways at Quincy Regional Airport.