COLUMBUS, Miss. (AP) -- Sales tax collections continue to lag behind last year's revenue, raising questions about whether the city will have to amend its budget or dip into reserves to make up the difference.
The Commercial Dispatch reports January revenue was reported at about $626,000, a drop of more than $24,000 from the same period in 2012. Year-to-date sales tax collections are down by 2.5 percent compared to the same period last year.
February numbers are expected to indicate a similar drop, marking the sixth consecutive month in which collections have fallen short of the previous year, former chief financial officer Mike Bernsen said.
Bernsen is serving as a consultant for the city as new CFO Milton Rawle gets settled.