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Town finance director reports steady revenues; miscellaneous spike tied to rental income
Summary
Finance director Alicia Massey reported revenues through Dec. 31 were generally near budgeted benchmarks, with sales tax up 4.8% year‑over‑year and an unusually high miscellaneous revenue line driven largely by rental income from 321 North Indian Trail Road; engineering and law enforcement expenses noted timing differences.
Indian Trail — Finance director Alicia Massey presented the town's quarterly financial report through Dec. 31, 2024, telling council most revenue categories were close to or above the 50% year‑to‑date benchmark and that departments were tracking below 50% for expenses where expected.
Massey said sales tax receipts were 4.8% higher than the same time last year…
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