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Hendersonville finance committee hears sales-tax, occupancy tax and investment reports; STR collections rise
Summary
HENDERSONVILLE — Tamara Ingersoll, Hendersonville finance director, presented the city’s sales-tax and fund reports at the Finance Committee meeting on July 22, 2025, saying sales-tax revenues through May are up roughly 5% from the prior year but likely to finish the fiscal year 'just a little bit under budget.'
HENDERSONVILLE — Tamara Ingersoll, Hendersonville finance director, presented the city’s sales-tax and fund reports at the Finance Committee meeting on July 22, 2025, saying sales-tax revenues through May are up roughly 5% from the prior year but likely to finish the fiscal year “just a little bit under budget.”
Ingersoll told the committee the city’s state-share sales-tax receipts (including June) were about $88,000 under budget but roughly 2.5% higher than the prior year. She said overall local option sales tax revenue is up by a little more than 5% year over year, representing roughly a $1 million…
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