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Hoover reports year‑to‑date revenue gains; sales and use tax shows modest growth

5904925 · September 22, 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

City finance staff reported sales and use tax and several other revenue categories were above budget through 11 months of the fiscal year; staff noted sales and use tax up 3.7% for the month and single‑state use tax (SSUT) up 11% year‑to‑date.

Finance Director Jennifer Cornett told the council the city has 11 months of tax revenue in and that several major revenue categories are tracking above budget for the fiscal year to date.

Cornett said overall sales and use tax for the 11 months ended in the fiscal year was up approximately $3.5 million, or about 3.68% compared…

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