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Joplin Sees Drop in Sales Tax Revenue
By Gretchen Bolander
JOPLIN, MO.--- Halfway through its fiscal year, the City of Joplin is seeing a drop in sales tax revenue. The city got $2.8 million in its April revenue check. That's about 4% less than this time last year. Averaging the first six months, the drop is around 2%. The city finance director says that doesn't mean the city will have to make cuts, because budget estimates are still on track.
"If we collect the exact same amount we collected in the first six months, in the last six months of the year, then we will actually be a little bit above budget," said Leslie Haase, Joplin Finance Director.
Workers add that Joplin isn't alone, cities throughout the state have also reported a drop in sales tax revenue in recent months.