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Montgomery leaders say quarter finished positive as federal funding pause raises questions
Summary
City officials reported modest revenue gains for the first quarter of fiscal 2025 but said a recent Office of Management and Budget memo pausing new federal financial assistance could affect projects; council asked staff to track impacts.
Montgomery Mayor Reed and city staff reported that the first quarter of fiscal 2025 ended with modest revenue gains across several tax categories but cautioned that a recent Office of Management and Budget memorandum temporarily pausing some federal financial assistance could disrupt projects that rely on federal funds.
The update, delivered to the Montgomery City Council during its meeting, said sales and use tax was essentially flat compared with December of the previous year, while lodging tax showed a rebound of more than 16% in December and roughly 10% for the…
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