Daily Archives: September 17, 2012

Kosmont Companies Presents Walnut City Council With Sales Tax Report

Melanie C. Johnson The city has hired consulting firm Kosmont Companies to help Walnut come up with ways to lure more businesses. While Walnut has an average household income of $114,000 annually, the city is losing potential sales tax revenue that could be spent in town to neighboring communities with more retail. That was the…