Sales and Use Tax Revenues Continue to Decline

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City of Sheridan Treasurer Jennifer Reed
City of Sheridan Treasurer Jennifer Reed

Two months into the fiscal year the numbers look bleak for the City of Sheridan as the sales and use tax continues on a downward slope. City Treasurer Jennifer Reed explains the financial picture that the City is facing early into their fiscal year.

Reed stated that the City will continue to monitor the sales and use tax very closely and that she has been in contact with the state as to try and determine all of the factors that are contributing to the consistently declining revenue.

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