Northglenn finance staff reports small revenue dips and flags state budget changes that could reduce local grants and tax shares

Summary

Deputy City Manager Jason Loveland reported April revenue results showing small declines in sales and use tax and highlighted three state-level actions — a severance‑tax diversion to a radio system, a reduction in the state marijuana share returned to cities, and uncertain cuts to the highway user tax — that could reduce future city receipts.

Deputy City Manager Jason Loveland told the Council on June 9 that through the first quarter of 2025 (collections through March) sales and use tax receipts were down roughly 1.4 percent and general fund revenue was down about 3 percent compared with the prior year.

Loveland’s report laid out line‑by‑line results for April and identified a series of state budget actions council should watch. The city’s finance staff is monitoring three potential changes that could affect Northglenn’s operating budget and grant opportunities: a $115 million state commitment over the next decade to build a digital trunk radio system that could reduce severance‑tax grant availability; a change to how the state returns a portion of its marijuana tax to local governments (state share reduction from the historical 10 percent of the state’s 15 percent to 3.5 percent); and several bills that could reduce…

Northglenn finance staff reports small revenue dips and flags state budget changes that could reduce local grants and tax shares

Summary

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