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Montgomery reports mixed revenue trends, hires deputy chief financial officer
Summary
City staff reported a modest decline in sales tax collections, strong lodging tax and alcohol receipts, a gasoline tax increase earmarked for infrastructure, and announced the hiring of Deputy Chief Financial Officer Natasha Jackson.
Montgomery city officials reported mixed revenue trends for fiscal 2025 and announced the appointment of a new deputy chief financial officer. The city is in its 13th accounting period, which will close the general ledger for fiscal year 2025; external auditors have begun the audit so an annual comprehensive financial report can be submitted to the Government Finance Officers Association by March 31, 2026.
The city official said revenue from sales and use taxes fell 1.35% in September compared with the same month in fiscal 2024, reflecting a several-month pattern of softer collections.…
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