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Avondale finance staff: general fund holding, but loss of residential rental sales tax will tighten FY26–27 budgets
Summary
Finance staff reported the general fund is ahead of last year and forecast through January, but the city will lose the residential rental sales tax effective Jan. 1, 2025, creating a multi‑year planning constraint. Staff recommended conservative budgeting and preserving one‑time revenue for capital projects while protecting ongoing operations.
Avondale’s finance staff told the City Council March 5 that the city’s general fund is running above last year’s receipts through January but cautioned that the city will lose the residential rental sales tax, creating a two‑year window where funding choices will be constrained.
The update matters because the loss of the rental sales tax and continuing economic uncertainty will shape the FY26 budget, affecting staffing, capital projects and the city’s ability to cash‑flow large infrastructure investments.
Renee, who presented the budget outlook, said that general fund revenues are “running above last year and above forecast” through January but added: “we are losing our residential rental sales tax started on January 1 of 2025.” She reminded council that sales tax receipts are…
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