Pasco finance update: revenues lag seasonally, building permit values down; city wins $3.8M federal grant for Road 76 overpass design and right‑of‑way

Pasco, Wash. — City finance staff on Monday reviewed February monthly and first‑quarter financials and announced a $3.8 million federal grant for preliminary work on the Road 76 overpass.

Interim Director Garcia told the council that taxes typically comprise about 84% of general‑fund revenue and that tax receipts have a two‑month lag (for example, sales tax reflects activity roughly two months earlier). The department remains in a reporting catch‑up phase after year‑end close and expects to issue the March report within weeks.

Building‑permit activity in first quarter showed a comparable permit count to prior years but a lower total value: Garcia said construction…