El Segundo lowers sales‑tax forecast, approves midyear adjustments amid revenue shifts City Treasurer Chung told the council staff recommends a conservative $2 million reduction in sales‑tax revenue tied to a local business closure; council approved midyear adjustments and minor position reclassifications 4‑1.

El Segundo's City Treasurer warns of a $2 million sales tax revenue drop after InsightDirectUSA's closure, prompting key midyear budget adjustments!

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