RTD’s July sales tax drop is less than forecast
By Kevin Flynn 
| September 15, 2009 | 7:01 AM
RTD’s sales tax collections for July dropped 11.4 percent compared with July a year ago, continuing the trend that has hit all public agencies in Colorado and nationwide since the market meltdown September accelerated the impact of the national recession.
If there is any news for RTD in the latest figures, it is that the $31.27 million in sales taxes it collected for July was 4.6 percent higher than it expected in its revised budget, and year-to-date is 0.7 percent higher than the lowered budget projections — an indication RTD might have found the bottom of the pit after nearly a year of economic volatility.
Read the full story at Kevin Flynn’s Inside Lane.
regional transportation district, rtd, sales tax
