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Finance committee hears sales tax update; July collections up 4.37% year over year
Summary
Finance staff reported July sales tax collections were 4.37% higher than the prior July; the committee received the monthly budget‑to‑actual comparison and sales tax update with no action required.
Miss Klingman, presenting the monthly budget‑to‑actual comparison and sales tax update to the finance committee, reported that sales taxes for the month of July were 4.37% higher than the prior July.
Committee members responded positively to the report; no action was required on the sales tax update. The finance committee adjourned the meeting segment after the presentation and returned the meeting to the committee chair.
No further budget figures or longer‑term forecasts were provided in the excerpt of the meeting transcript.
