Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Jackson City staff report mixed revenue trends; hotel-motel tax down year to date
Summary
Finance staff told the Jackson City budget committee that March non-property tax revenue was below expectations, driven by local sales tax and travel-related receipts, while property tax collections remain on track and assessments have risen significantly ahead of the next billing year.
Jackson City finance staff told the Budget Committee that March non-property tax revenue came in below projections, with local option sales taxes about $70,000 lower than the same period last year and state sales tax receipts about $33,000 higher.
The report said non-property tax revenue is averaging about 1.94% higher than the same period last year overall, but travel-related receipts are showing declines. "This isn't exactly a red alert, but…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
