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Roanoke reports mixed September revenue: real-estate up, sales tax down; council adopts school grant appropriation
Summary
Deputy Finance Director Aquaneta Harris told council that in the first quarter real-estate tax revenue is 4% higher and personal-property receipts are about $500,000 above last year, while sales tax is down about 7%; council adopted a budget ordinance appropriating school grants for FY26.
Roanoke — In a FY26 financial briefing on Nov. 3, Deputy Director of Finance Aquaneta Harris told the Roanoke City Council that local real-estate tax revenue is 4% higher compared with the prior year and personal-property receipts are roughly $500,000 higher year to date, while sales tax collections show a 7% drop (noting a two-month reporting lag).
Harris highlighted a timing difference in grants: FY26 grants-from-commonwealth actuals stand at $16 million compared with $6 million in FY25, which she…
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