Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Finance director: online sales tax up about $2 million; replacement tax still down

City of Bloomington City Council · October 28, 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

Finance Director Rathburn reported that online-sales tax increases have boosted major tax receipts by about $2 million year to date, while replacement-tax revenues remain roughly $222,000 below projections.

Finance Director Rathburn delivered the monthly financial update at the Oct. 27 meeting, reporting that the city is five months into the fiscal year (about 42% completed).

Rathburn said the city's major tax revenues are "roughly up about $2,000,000 year to date" after legislative changes that increased collection of local home-rule sales taxes on online purchases. She said…

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
30-day money-back on paid plans