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Graham sees slight sales‑tax dip; city schedules budget workshop and approves quarterly financials

3051450 · January 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented quarterly investment and financial reports and warned of a modest sales‑tax decline; the city manager said staff will propose a lower sales‑tax projection for FY26 and scheduled a strategic budget workshop.

City staff presented the quarterly investment report and the financial statements for the period ending Dec. 31, 2024, and the council approved both during the Jan. 16 meeting.

Finance staff reported investment and cash increases driven by property‑tax receipts and newer water/sewer rates; total cash and investments increased over the…

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