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Finance committee receives quarterly report: hotel/motel and auto-rental collections near prior year; general fund shows revenue over expenditures

3156092 · April 29, 2025
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Summary

The Finance & Investment Committee received the quarterly finance report showing hotel/motel and auto-rental collections roughly in line with last year, general fund revenues ahead of expenditures by about $6 million year-to-date, and ongoing attention to insurance and capital spending.

The Finance & Investment Committee received and filed the quarterly finance report, which showed hotel/motel and auto‑rental taxes generally in line with prior-year totals and a favorable year‑to‑date general fund position driven in part by timing and capital purchase differences.

Tax collections: Staff reported March hotel/motel collections are slightly below 2023 levels but overall fiscal year-to-date hotel/motel receipts are roughly in line with last year (fiscal year‑to‑date at about $1,035,000 compared with $1,034,000 previously reported).…

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