JAMESTOWN – The Jamestown City Council received some positive financial news on Monday with a report sales tax revenue for the second quarter being higher than projected.
City Comptroller Joe Bellitto reported to the finance committee that sales tax revenues totaled $1,600,710 for the second quarter , which was an increase of more than $60,000 over the second quarter from last year.
Bellitto added through the first half of the year, city officials have received $144,000, or 5 percent, more in sales tax revenues than they did through the first six months of 2017.
The city has now received 51 percent of the $6 million in sales tax that was budgeted for this year, with the third and fourth quarters being traditionally the two strongest sales tax quarters of the year.
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