https://n2v.almanacnews.com/square/print/2010/07/31/drastic-sales-tax-decline-likely-the-result-of-error-menlo-park-finance-director-says


Town Square

Drastic sales tax decline likely the result of error, Menlo Park finance director says

Original post made on Jul 31, 2010

The city's on-paper decline of sales tax revenue of about $2 million in fiscal year 2009-10 is quite possibly the result of errors, not reality, according to Carol Augustine, Menlo Park's finance director.

Read the full story here Web Link posted Thursday, July 29, 2010, 5:33 PM

Comments

Posted by Augustine reckoning
a resident of Menlo Park: other
on Jul 31, 2010 at 10:34 pm

Try Sun Micro not reporting because they were bought by Oracle.
Try other big prior contributors figuring out ways to circumvent MP sales tax.
Retail, Upside/downside, makes no difference, because MP can't collect what staff has been accustomed to taking for granted.


Posted by Blue Collar Public Worker
a resident of another community
on Aug 3, 2010 at 12:48 pm

Oh Roy,

Is this statement true, that Sun Micro Systems did not report it's taxes to the City of MP because they were purchased by Oracle thus causing the 2 million dollar shortfall? "Try Sun Micro not reporting because they were bought by Oracle". No wonder there is such an effort to save the City money by not paying retirement benefits. That's because Sun saved their money. So have you, will you, do you have anything to gain by supporting the pension initiative?