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Treasurer: sales tax roughly flat, fund balance below policy after 2024 adjustments
Summary
The county treasurer told Ways and Means that through April sales tax is about 1% above last year and that unaudited 2024 fund balance is below the county policy range after ARPA and one-time uses; staff warned the legislature to plan to close the budget gap for 2026.
Cayuga County’s treasurer presented month-to-date sales-tax and fund-balance figures to the Ways and Means Committee on April 9, reporting that sales-tax receipts through April were roughly flat with the prior year and that interest-income projections remain subject to broader market changes.
The treasurer’s sales-tax report through April showed collections up about 1% compared with the same period in 2024; the presenter cautioned that it is early in the year and that prior-year monthly projections had shifted considerably by year end. The treasurer…
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