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CBTA finance committee reviews FY25 tax collections, operating costs and investment performance
Summary
Staff reported year-to-date FY25 tax revenues and distributions, operating fund and expense levels, strong investment returns and execution of a contract for a new financial management system.
CBTA staff presented a quarterly financial overview on July 10, 2025, reporting year-to-date fiscal 2025 tax collections of roughly $189 million, distribution of those receipts according to the authority's formula, and stronger-than-expected investment earnings.
Chet Parsons, CBTA director, said the year-to-date tax receipts through March 2025 combine roughly $142 million in sales-and-use tax and $47 million in local fuels tax, producing a total of about $189,000,000.…
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