Curious about Section 32.19(b) in the state budget and come on now, aren’t we all? That’s the part of the budget that enacts “additional local sales tax revenue for economic development, pubic education and community colleges” cause those are the things the local governments can spend their additional (or not) revenue on due to an expansion of the retail sales and use tax base.
Confused? And come on now, aren’t we all?
Wondering who wins, wins big and who, well doesn’t lose? This chart right here has the lowdown numbers on the distribution of the additional sales tax revenue.
