City Of Greenville Receives State Funds; City Manager On Impact Of Low Gas Prices

Recent state legislation has led to Illinois sending to the City of Greenville various money it had been withholding.

City Manager Dave Willey was pleased the money finally arrived.

Click below to hear his comments:

Willey was asked about the effect of lower gas prices on city revenues. He said part of the cost of gasoline is sales tax, so the revenue from that tax drops when gas prices drop. He said it’s a two-edged sword. Lower gas prices means more money left in peoples’ pockets, which can then be spent or saved. Willey said if people spend that money, the sales tax is made up.

Click below to hear his comments:

The city manager said the gas prices have resulted in lower fuel costs for the city in regard to gas used in its own vehicles.