New tax figures hint at economic recovery, but not quite to prepandemic levels | October 22, 2021 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

News - October 22, 2021

New tax figures hint at economic recovery, but not quite to prepandemic levels

While recent sales- and hotel-tax revenues exceeded expectations, city still eyes business tax to address long-term challenges

by Gennady Sheyner

After falling into a deep funk in spring 2020, Palo Alto's economy is starting to show signs of life, with hotel and sales tax revenues now exceeding the city's projections, a new revenue analysis shows.

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Email Staff Writer Gennady Sheyner at [email protected]

Comments

Posted by Online Name
a resident of Embarcadero Oaks/Leland
on Oct 21, 2021 at 12:43 pm

Online Name is a registered user.

Ok, so when will full library service be restored? It's absurd to have the libraries open only part-time. Rinconada, for example is only open 4 days a week with limited hours and the city brags about having "given" it another 2 HOURS. Pathetic.


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