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City CFO says sales‑tax receipts are behind budget; June report to show accruals and planned amendments

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

Amber Strange, the city’s chief financial officer, reported that sales‑tax collections through May trailed budget by about $725,000 and that June reporting and departmental percentage reports will be circulated to council ahead of proposed budget amendments.

Amber Strange, chief financial officer, presented the May 2025 financial statement and told the council the city’s sales‑tax collections were trending about $725,000 behind budget year to date through May.

Strange explained that the city uses a cash basis for several large revenue sources, which typically run one to two months in arrears, and that a negative-looking number in the packet reflected timing rather than an immediately realized shortfall.…

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