Could it be that the recession is finally showing up? Methinks the answer is yes.
The state of Texas saw sales tax receipts GROW by a fairly healthy 6.4% compared to last June – but a big drop from LAST June’s 16.4% YoY number.
Lampasas sales tax receipts were DOWN for a second month. Falling 1.02% YOY (last month saw a 1.5% decline). Receipts were $231,245 versus last June’s $233,645.
Don’t worry though. The LEDC has announced “20 to 35” fake jobs created and a phantom $700,000 in capital investment by a secret company in the Business Park. We’ll turn the ship around in no time with wizards like Misti Talbert in charge of things.