Follow this link for a report from the Tennessee Advisory Commission on Intergovernmental Relations on how the economy is affecting local governments.
http://www.state.tn.us/tacir/Special%20html%20Reports/slowdown.html
The report confirms many of the same concerns that TCCA and TML reported to the joint fiscal review committee meeting back in November.
This report now reflects four months of data and also provides more detail on where losses are occurring. Looking at collections for the period of June - September, there are now 43 counties showing negative growth in sales tax from the same period in the prior year. This reflects collections in the entire county (both in cities and unincorporated areas). When you focus on collections in only the unincorporated areas, 52 counties are showing negative growth.
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