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Finance staff projects $23.4 million in 2026 sales tax and flags state shared revenue gains
Summary
Finance staff presented countywide non-departmental revenue estimates including a $23.4 million sales tax projection for 2026 (a 4% budgeted increase) and noted that state shared revenues have risen due to increased county municipal aid and utility/solar revenues.
County finance staff summarized non-departmental revenues and recommended assumptions for 2026. The staff said the budget uses a $23.4 million projection for sales tax revenue in 2026, a figure the memo described as a 4% increase over the 2025 projection and within a recent five-year average.
Filed sales-tax performance for the first six months of the year showed a 12% increase over the prior year; staff said assuming a 6% run rate for the remaining six months yields a 2025 projection of $22.4 million and that budgeting $23.4 million for 2026 is a conservative 4% increase from that projection.
Finance staff also noted state-shared revenues have increased materially since 2023: county municipal aid was supplemented, personal-property tax adjustments are adding about $757 per year, and utility aid rose roughly $600,000, in part because new solar and energy projects in the county have added taxable utility value.
Supervisors questioned sensitivity to an economic downturn and asked staff to explain benchmarks; staff responded that the $23.4 million assumption is conservative relative to recent trends and that staff will monitor variances.
