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Controller reports steady sales tax, capital spending increases; county flags cannabis tax allocation anomaly
Summary
The county controller reported a small year-to-date sales tax increase, rising capital expenditures including electric bus costs, and higher interest income; staff also flagged a likely error in cannabis tax distribution to a municipality that had opted out of receiving funds.
The county controller's office told the Ways and Means Committee on Sept. 10 that year-to-date sales-tax receipts are up roughly 0.1% compared with the prior year, interest income has risen and capital spending is on track to match recent annual totals.
Controller staff said the county received its first July sales-tax payment and that year-to-date receipts are about $1 million higher than the same point last year. Interest income for 2025 is budgeted at $7.7 million and year-to-date earnings were running at roughly 72 percent of the budget;…
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