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Finance staff outlines FY25–26 budget assumptions; consultants HDL and Avenue Insights cited

2651686 · February 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City finance staff presented assumptions for the FY25–26 budget building process, including use of consultant HDL for property and sales tax analysis and new consultant Avenue Insights for other taxes. Staff discussed CPI indexing for expense assumptions and noted a public safety half‑percent sales tax earmark.

Beaumont finance staff presented the assumptions that will guide preparation of the fiscal year 2025–26 budget, noting the use of external consultants for tax monitoring and a new approach to indexing expense projections.

Finance staff said HDL (the city's long‑standing tax consultant) will continue to provide property and sales tax monitoring and…

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