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Port Richey staff flags $44,271 drop in Penny for Pasco allocation
5507497 · July 30, 2025
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Summary
Staff told council a recent state change reduced the city’s share of Penny for Pasco half‑cent sales tax by about $44,271 for the next fiscal year and recommended monitoring projected draws and slowing some spending.
City Finance Director Adam Thompson told the council that a state change — described in the presentation as the repeal of a 2% business tax component — reduced Port Richey’s anticipated Penny for Pasco allocation for the upcoming fiscal year. Thompson said the city had budgeted $749,001.88 but the…
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