Macon-Bibb officials looking into $4 million revenue loss
MACON, Georgia (41NBC/WMGT) – Macon-Bibb commissioners are figuring out how their LOST revenue dropped $4 million.
LOST stands for Local Option Sales Tax. In Fiscal Year 2012, the “miscellaneous services” category brought in about $6 million. However in FY 2013, it only brought in about $2.5 million.
The budget staff is contacting the Department of Revenue to find out what happened.
Commissioner Gary Bechtel said it could be as simple as a coding error or something bigger.
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