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Finance director: July revenues boosted by delinquent collections and large permit for Carilion project

6421336 · September 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Director of Finance Margaret Lindsay told council July fiscal results showed unusually strong permit revenue from a Carilion Cancer Center building permit and delinquent personal property tax collections; staff cautioned the July numbers are volatile because of the fiscal-year timing and a software migration last year.

Margaret Lindsay, director of finance for the City of Roanoke, presented the city's monthly budget report for July during the Sept. 2 council meeting and highlighted several items that produced an unusually strong first-month picture for fiscal 2026.

Lindsay said personal-property-tax receipts recorded as $2,400,000 for the month and that amount is almost exclusively delinquent collections. She warned…

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