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Cotati FY2025–26 Q1: sales tax lags, cash and investments remain healthy
Summary
Finance staff presented unaudited first‑quarter results (period ending Sept. 30, 2025): general fund revenues were down about 9% year‑over‑year driven by weaker sales tax receipts; enterprise funds performed steadily though the city faces higher wholesale water charges; the city’s cash and investments totaled about $15 million.
The City of Cotati presented unaudited financial results for the first quarter of fiscal year 2025–26 (period ending Sept. 30). Angela Quarter, Director of Administrative Services, summarized the citywide snapshot and highlighted timing differences that affect first‑quarter comparisons.
Quarter highlights included:
• General fund revenues are approximately 9% below the same period last year, driven primarily by slower sales and other tax receipts.…
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