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Sagging Revenue

Sagging Revenue

Sales tax revenues plummeted for cities in both 2009 and 2010--falling 6.6 percent and 5 percent, respectively. Income tax revenues also fell 1.8 percent in 2010 after rising 4.2 percent in 2009. Property tax revenues, meanwhile, rose 1.3 percent in 2009 and 1.8 percent in 2010.

Source: National League of Cities

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