The Finance Committee meeting held on August 21, 2025, in Ashland County, Wisconsin, focused primarily on the county's sales tax revenue and its implications for future funding. The committee reviewed recent sales tax figures, noting that the county collected $221,000, which is approximately $23,000 more than the previous year. This increase raises questions about whether it is due to inflation, a rise in population, or other factors.
A significant point of discussion was the impact of recent legislative changes regarding the sales tax on energy, which took effect on July 1. While the committee expressed concerns about potential revenue losses, particularly for larger counties like Milwaukee and Dane, they noted that Ashland County is not expected to experience a substantial decline in shared revenue. This shared revenue is calculated based on a percentage of the state sales tax, meaning that any decrease in overall sales tax collections could affect future funding unless the legislature decides to compensate for the loss.
The committee members expressed optimism about the sales tax outlook, citing a strong influx of visitors in July and August, which could contribute to continued revenue growth. They anticipate that the county will meet its sales tax target of $2 million for the year, bolstered by the positive trends observed in recent months.
In conclusion, while the committee acknowledged potential challenges ahead due to legislative changes, the current sales tax performance appears robust, providing a hopeful outlook for Ashland County's financial health in the near future.