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City Manager: Sales-tax receipts fall short of budget; city to start budget workshops Aug. 4
Summary
City Manager Mr. Atkinson told the Lubbock City Council the city’s sales-tax receipts are below the fiscal‑year budget and outlined cuts and offsets staff is pursuing; council workshops on the FY26 budget begin Aug. 4.
City Manager Mr. Atkinson told the Lubbock City Council on the start of its July meeting that the city’s sales-tax receipts through May are below the fiscal‑year budget and that staff is adjusting the General Fund to stay balanced.
The update said forecasted receipts now total about $100,664,000 against a budgeted $105,600,000 in sales tax — roughly $5 million below the adopted budget and about $313,000 below the council’s most recent projection for the months reported. Atkinson said collections are close to the prior year but not rising above it as the adopted budget assumed. "We were still about $313,000 shy of the budget projections or just under 4%," he said.
Atkinson told the council the…
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