Supporters of the project said it would provide more than $3 million in annual sales tax revenues to the city.
What happens, next year, with a further shift in the economy, sales tax revenue, up or down?
At the moment, all sales tax revenue goes to the town of Hempstead.
Officials forecast that the state will end up with almost $500 million more in sales tax revenue than they expected before the storms hit.
Now, sales tax revenues are down as consumers stay away from stores.
There was disagreement over the impact of the storm on sales tax revenues.
"If there's just a 2 percent drop in sales tax revenue, it means I have to lay off 3 of my 53 police officers."
By comparison, the state income and sales tax revenues for California in 2004 were about $72 billion.
Officials said today the budget note had been repaid with current sales tax revenues.
The city's sales tax revenue is up from a year ago, he said.
Supporters of the project said it would provide more than $3 million in annual sales tax revenues to the city.
What happens, next year, with a further shift in the economy, sales tax revenue, up or down?
At the moment, all sales tax revenue goes to the town of Hempstead.
Officials forecast that the state will end up with almost $500 million more in sales tax revenue than they expected before the storms hit.
Now, sales tax revenues are down as consumers stay away from stores.
There was disagreement over the impact of the storm on sales tax revenues.
"If there's just a 2 percent drop in sales tax revenue, it means I have to lay off 3 of my 53 police officers."
By comparison, the state income and sales tax revenues for California in 2004 were about $72 billion.
Officials said today the budget note had been repaid with current sales tax revenues.
The city's sales tax revenue is up from a year ago, he said.