Layoffs coming, and sales tax activity down - KCBD NewsChannel 11 Lubbock

7/8/09

Layoffs coming, and sales tax activity down

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By James Clark | email

LUBBOCK, TX (KCBD) - Lubbock city hall is laying off an estimated six Lubbock Health Department employees in the proposed budget. In addition, a company called kgb USA was planning to cut 55 jobs, but now they think they can get by with only 25 layoffs at the end of this month. And ,according to the Lubbock Avalanche Journal, a company called AER Supply West will close its Lubbock facility and cut 17 jobs.

In more bad economic news, the latest sales tax report from the Texas Comptroller shows that Lubbock sales tax receipts have decreased dramatically. The July sales tax income for Lubbock is down 4.86 percent as compared with July of last year. Looking at January through July, Lubbock's sales tax income will still be up 1.51 percent despite the big loss in July.

It is the same story in surrounding cities. In Amarillo, sales tax receipts are down 8.03 percent.   And Midland also got slammed; comparing July with the same period last year, down almost 17.95 percent.

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7/8/09
Stormwater fees up, no tax hike, and layoffs in Lubbock Health Department
We have both great news and bad news for Lubbock homeowners.  Under the proposed city budget you will not pay a property tax hike.  Not only that, but on average, the city says tax appraisals for existing homes did not go up.

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