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Mayor reports mixed revenue trends, schedules FY2026 budget message for Aug. 19
Summary
In a mayor's message to the Montgomery City Council, the mayor said sales and use taxes have rebounded year-to-date but dipped in July, lodging and gasoline taxes rose, alcoholic beverage tax receipts fell, and he will present the FY2026 budget on Aug. 19.
Mayor delivered a financial briefing to the Montgomery City Council saying the city has seen mixed revenue trends and announced he will present the FY2026 budget at the council's Aug. 19 meeting.
The mayor said "Sales and use tax, has made up a, strong rebound from March through June. But in July, we saw a dip down about 1.5% compared to July." He reported overall year-over-year growth of about 2% and said, "We can close the fiscal year with 3% growth overall." The mayor noted one large franchise…
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