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Miami County reports lower Q1 revenues, sales tax down 5.9% year over year
Summary
County finance staff told commissioners first-quarter revenue collections are lower than the same period last year — led by a 5.88% drop in sales tax through the first three months — while expenses are modestly higher; commissioners were urged to await additional months of data before changing assumptions for the 2026 budget.
Miami County finance staff presented a first-quarter 2025 update showing collections below the same period in 2024 and a modest increase in spending, with a notable year‑over‑year decline in sales tax receipts.
Assistant Administrator Lucas Balancer (presentation) told the commission the county has collected less revenue in Q1 2025 than Q1 2024 and that spending is slightly higher, driven in part by routine cost increases and timing differences in collections. He said sales tax is the primary near-term concern: "we're down 5.88% year over year through the first 3 months," the report shows.
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