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SUBA reports sharp fall in assessment collections; council accepts report and sets process to consider next year’s levy
Summary
Salinas United Business Association (SUBA) presented its FY24–25 annual report showing a collection rate of roughly 40% of assessments and proposed reduced activities for FY25–26. The council received the report and approved the resolutions to proceed with the levy process; members urged SUBA to pursue new revenue and cut costs.
The Salinas United Business Association (SUBA) presented its annual report for fiscal year 2024–25 and a proposed FY25–26 budget at the Aug. 12 City Council meeting. Executive Director Alejandro Chavez told council that SUBA’s assessment collections had fallen to about 40% of the billed amount in 2024–25 and that SUBA intends to reduce programming and staff hours to match lower revenues.
Key figures and operations: SUBA reported assessments billed of $100,440 for FY24–25 but collections of $40,550. The organization recorded total income (including other sources) of roughly…
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