By Christina Sampson | Casa Grande Dispatch
Despite murmuring of an economic recovery, a glance at city and county tax collections since the 2010-11 fiscal year tells a different story.
Pinal County has seen a significant decrease in property tax revenue while Casa Grande has been essentially breaking even in property, sales, accommodation and bar and restaurant taxes.
It’s not exactly bad news for the city, Deputy City Manager Larry Rains said, but it isn’t good news, either.
“It’s one of those things that’s good and bad,” Rains said.
The biggest area of concern is the city’s retail sales tax, which Rains said “is our bread and butter.”
The tax makes up between half and two-thirds of the city’s revenue, Rains said.
Since the 2010-11 fiscal year, however, it’s essentially remained flat, according to Finance Director Doug Sandstrom.