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ICASAR USCOUNI I <br />NORTH CAROLINA <br /> <br />To: John Witherspoon <br />From: Blair Bennett <br />Date: November 17, 1994 <br /> <br />Subject: Local Sales and Use Tax Update <br /> <br />Quarter Ending <br /> <br />FY 1993/94 <br /> <br />September $2,568,835 <br />December 2,784, 915 <br />March 2,639,647 <br />June 2,924,776 <br /> $10,918,173 <br /> <br />FY 1994/95 % Increase <br /> $2,789,154 8.58 <br /> <br />The County's total budget for sales tax in fiscal year ending 1995 is $11,120,285. The sales tax <br />upward trend continues to point to an improved economy in Cabarrus County. <br /> <br /> Finance Department <br /> <br />PO [:3ox 707 · Concord, NC 28026-0707 · (704) 788-8104 <br /> <br /> <br />