Recession continues to drive down sales tax revenue, and city budget

ASPEN — The Aspen city government laid off 12 employees Thursday and eliminated four other positions, shaving $1.36 million off its operating budget.Thursday’s personnel cuts follow more than $2.4 million in cuts made to the city’s 2009 general fund budget, which included eliminating or freezing 20 positions, with nine employee layoffs. Year-to-date city sales tax collections were down 18 percent from last year through July, while lodging taxes were down 27 percent. Building and planning fees were down 46 percent year-to-date through August from last year.The city is anticipating only a 1.5 percent increase in sales and lodging taxes for 2010 from 2009 levels. Building and planning fees are projected to be flat.
By Carolyn Sackariason, Sept. 18, 2009, Aspen Times

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