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Finance director reports mixed revenue trends to finance committee
Summary
Finance Director Rob Jarrett briefed the committee on revenue trends: sales tax roughly flat year-over-year, modest growth in local-option sales tax, a recovery in hospitality tax from earlier declines, and close-to-budget projections for several revenue streams.
Rob Jarrett, the city’s finance director, presented the finance committee with a quarterly overview Feb. 20, 2025, reporting mixed performance across key revenue streams.
Jarrett said local sales tax is roughly flat year over year but showing early second-quarter growth of about 3 percent. The hospitality tax started the fiscal year down and had an initial 20 percent…
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