Council votes to deposit federal income and commercial vehicle excise taxes into general fund beginning 2026

The Newberg Town Council voted Aug. 27 to direct the clerk-treasurer to deposit annual federal income tax receipts and commercial vehicle excise tax (CVET) revenues into the town’s general fund beginning in calendar year 2026.

Clerk-Treasurer Nanette Angel presented the motion and said the state now allows these revenues to be deposited into the general fund rather than split with debt service; she asked the council for a motion to adopt that change for budget year 2026. A council member moved, a second was offered and the motion was approved by voice vote.

Why it matters: moving those revenue streams into the general fund affects how the town can use the receipts in the 2026 budget and may alter budgeting and debt-service planning. Angel said the change will be applied beginning in 2026 and she requested council authorization.

Details: council did not provide a dollar estimate of expected annual receipts at the meeting. Council asked clarifying questions about CVET collection (collected at vehicle registration and administered through the county) and whether local share depends on population and road mileage; clerk-treasurer said she would follow up on distribution details.