Sentences with phrase «volatile source of revenue»

«Sales tax, however, can be a volatile source of revenue and local officials must remain cautious.

As the economy continues its tenuous recovery, sales tax collections could vary either way for local governments and is generally a more volatile source of revenue.»

The investment service found the state still relies on the financial services sector and income taxes which is a volatile source of revenue.

Not exact matches

Wren - Lewis warns that independence would involve high set - up costs which would need to be funded in large part by an extremely volatile and diminishing source of revenue (oil).

Much of Connecticut's rainy day fund depends of a volatile source — the sometimes higher than expected revenues generated by corporations and the state's wealthiest residents, who make money on Wall Street, and file quarterly returns, Lembo said.

«New York is one of the most dependent states on income tax revenue and it's arguably one of the most volatile source of income tax revenue because of our reliance on Wall Street,» said Ken Girardin of the Empire Center for New York State Policy.