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Finance director reports clean 2024 audit, flags new sales‑tax bill for 2026 budgeting
Summary
The city's finance director told the council Arlington received a clean financial and federal compliance audit for 2024, said sales tax collections are down about 4% year over year and warned of a recent legislative bill that 'adds sales tax to items that weren't previously taxable,' which could affect the 2026 budget.
Paul, the city's finance director, presented the July and August financial report and told the council the city received 'a clean financial and federal compliance audit for 2024.' He said the auditor will return next month to complete the competency portion of the…
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