(Neb)-Chadron Sales Tax On Pace To Meet Budget Forecast Listen
CHADRON - Although the city of Chadron is looking at the hard choice of major spending cuts or resuming the practice of dipping into reserves to balance next year's budget, it's not because any problems with this year's sale tax revenue.
Through the first 9 months of the fiscal year that ends Sept 30, Chadron's base sales tax revenue totaled a little over $1-million, 47-thousand dollars. City Manager Greg Yanker that's right on pace for what was budgeted for this year.
The half-cent sales tax helping pay off the bonds for the Chadron Aquatics and Wellness Center is also on pace to meet the budgeted among, totaling just over $349,000 through June.
Actual operation of the Aquatics Center is a money-loser for the city, despite Chadron State College picking up half of the operating costs each year in exchange for the center hosting CSC swimming courses and allowing access to college students with an EagleCard.
Yanker says it's no surprise that the indoor pool complex is losing money; such facilities are never intended to break-even, but are instead seen as providing services wanted by residents.
That said, the city will continue to tweak admission fees to find rates that bring in the most revenue without being so high that attendance falls.
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