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Northglenn financial update: sales, marijuana tax and general fund show modest declines through May

5561698 · August 12, 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

Deputy City Manager Jason Loveland reported June collections (through May activity) showing total sales and use tax just under $12 million (down about 2% year over year), marijuana tax down about 4.9%, and general fund revenues trailing expenditures at midyear.

Deputy City Manager Jason Loveland presented the City of Northglenn’s June 2025 financial update to council, summarizing taxes, fund balances and notable year-over-year changes through May collections.

Loveland reported total sales and use tax collections at just under $12 million, about 2% below the same period last year. He said accommodations tax (hotel stays and similar short-term rentals) is down 9% and auto sales tax is down 5%, while food-and-beverage tax is up 7%. Marijuana tax…

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