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Sedalia finance update: sales tax slightly down, transportation tax higher; city reviews fiscal variances
Summary
City staff reported fiscal‑year‑to‑date net sales and use tax collections are down about $45,000 (roughly 1.5%) and noted a budget variance of about $168,000 versus a planned 4% increase; transportation tax receipts were higher while property‑tax receipts remain low pending December/January collections.
City finance staff provided an update to the Sedalia City Council on May 19 showing mixed revenue results through the current fiscal year.
Jessica Pyle presented fiscal‑year‑to‑date figures and said net sales and use tax is down about $45,000, or roughly 1.5%. "We had budgeted a 4% increase for this coming fiscal year. So there is a variance of around a hundred and…
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