Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance director: Manhattan revenue picture improved; city to discuss revenue-neutral rate and public budget forums
Summary
Finance staff told the commission Manhattan's revenues are stronger than in recent years, with sales-tax growth and property-valuation increases improving cash balances. Staff flagged a revenue-neutral mill rate calculation and set public engagement and hearing dates ahead of the July 8 recommended-budget presentation.
Jason (last name not specified), the city’s finance presenter at the June 24 work session, told the Manhattan City Commission that revenue trends in 2024–25 have been positive and that the administration will use those results to shape the 2026 recommended budget.
Jason said the city realizes roughly $146 million to $151 million in annual revenue across many streams and that utility fees, property tax and sales tax are the main drivers. He reported realized sales-tax growth of about 5% in 2024 and that sales tax collections through the first five months of 2025 were about…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
