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Finance director previews FY 2026 general fund revenue estimates; council asks follow‑up questions
Summary
The city's finance director presented preliminary FY 2026 general fund revenue assumptions, including property tax, sales tax, lodging tax, and building permit projections. Council members asked clarifying questions about trend assumptions and specific line items and were advised staff would provide further detail as requested.
City finance staff presented the council with the first of several briefings on general fund revenues for FY 2026, explaining the methodology used for major lines: ad valorem (property) tax, sales taxes, simplified sellers use tax (SSUT), automobile (motor vehicle) tax, lodging tax, and building permit and inspection fees.
The finance director said property tax estimates were taken from Baldwin County Revenue…
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