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<br />City of La Porte <br />Interoffice Memorandum <br /> <br /> <br />From: <br /> <br />All LPEDC Board <br />Gret~laCk, E <br />Ron ~oms, C . <br /> <br /> <br />To: <br /> <br />Through: <br /> <br />Date: <br /> <br />February 17, 2008 <br /> <br />Subject: <br /> <br />Sales Tax Analysis Report <br /> <br />Attached you will find information related to the sales tax collections for the fiscal years <br />1999 to present. A review of the numbers for FY 2008 thus far indicates that we are on <br />track to exceed the budgeted projection for the year if the current trend remains <br />consistent. We estimated that sales tax would be approximately $1.44M when we <br />developed the FY 2008 Budget and it is currently expected to exceed $1.56M for an <br />increase of approximately $120,000 for the year. <br />