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Aurora staff: sales-tax growth slowed in 2024; projection shortfall of about $2.1 million

2626355 · February 12, 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 budget staff told the committee December sales-tax data show slower growth late in 2024 and an estimated $2.1 million shortfall versus projection, offset by stronger auto and interest receipts.

Bill Levine, a budget office analyst, told the committee the city’s December 2024 sales-tax chart shows growth rates “tended to slow over the course of 2024,” and that staff are estimating the city will miss its 2024 sales-tax projection by $2,100,000.

Levine said use-tax collections were also…

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