The rest of the money, which, like the income tax and the sales tax basically goes to state government. And then local governments wait for some of that to come back through The shared revenue formula has not had more money added to it in a very long time. So I think we need to both increase state support, but we also need to give local governments tools. And that half cent sales tax is a great start to that. (07:30–07:35)
CLAIM
Asserts that the shared revenue formula has not been updated with additional funds for a long period.
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