Hoover pleasantly surprised by sales tax revenue - WBRC FOX6 News - Birmingham, AL

Hoover pleasantly surprised by sales tax revenue

HOOVER, AL (WBRC) - It was a happy holiday shopping season in the city of Hoover. New sales tax numbers prove so.

Over the last four months, numbers were higher than budgeted, and numbers for December were also up.

From October 2009 to Jan. of 2010, the city saw $18,814,036 in sales tax revenue.  The city budgeted for $18,676,664. In December 2009, the city recorded $6,439,950 in sales tax revenue.  For that month, the city budgeted $6,114,166.

Hoover Mayor Tony Petelos said he is pleased with the numbers. "The good news is the fact that December was better than the previous year," said Mayor Petelos, "If you look on the national level that hasn't been the case in other cities, so we are fortunate in that regard."     

Mayor Petelos said he believes the numbers are the result of more stores and restaurants opening across the city in the last year. For example, there's a new Super Target on Highway 150. 

He said the news is especially encouraging in the current economy, and he hopes this is sign of more good things to come for the city.  

"I'm very encouraged because in other parts of the country, those numbers are down," said Mayor Petelos, "I hope this trend continues for this area."

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