Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Highland projects conservative revenue growth: modest property-tax uptick, flat sales tax
Summary
Finance staff told the council the FY26 tentative budget assumes a conservative 2% property tax growth, flat sales tax collections, and cautious interest income estimates amid economic uncertainty.
Highland City financial staff told the City Council the tentative FY26 budget uses conservative revenue projections for property tax, sales tax and interest income.
On property taxes, Finance Director David Mortensen and staff said growth is difficult to forecast. The budget assumes a 2% increase in property-tax revenue, described to council members as conservative compared with historical variability. Mortensen explained property-tax collections reflect valuation and a lag related to certificates of occupancy and…
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
