May 25, 2012
“Many times governments can brag about what they have been able to provide, but it seems hidden in the shadows is the debt they had to occur and what toll that will take on future generations.”
Tim Grier, Star Valley town manager
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Speed cameras still yield $900,000 in revenue despite decline in tickets
Star Valley’s four budgetary workhorses need a feed bag of speeding tourists, with the town projecting another drop in photo enforcement revenue in next year’s fiscal budget. Fortunately for the town’s bottom line, Star Valley still expects to bank nearly $900,000 from the four cameras fixed at opposite ends of town. However, ticket revenue has dropped by 23 percent since Star Valley installed the cameras in 2008. Ticket revenue is not the only thing decreasing. City sales tax is also expected to continue its downward spiral. Although neighboring Payson this year saw a heartening rise in sales tax revenue, the numbers show that Star Valley’s businesses continue to struggle.