Monday, November 16, 2015

San Angelo's Sales Tax Picture

San Angelo received less sales tax money than the prior year in six of the last seven months.  The decline accelerated in October to double digits.  San Angelo's Development Corporation board packets paint a different picture than San Angelo Live's piece based on a Chamber of Commerce interview.  What's a few months among friends?

Update 11-19-15:  The employment picture got bleaker with the loss of 120 jobs from National Oilwell Varco by the end of January 2016.  The multiplier effect cuts both ways. 

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