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Stayton finance director reviews first‑quarter spending; staff note rate and infrastructure updates
Summary
Finance Director James Brand presented a first‑quarter report showing 22% of revenues collected so far (excluding property tax), ARPA transfers and SDC fund accounting explain a negative bottom line, and staff alerted council to a planned Republic Services 2.4% rate increase, Comcast sidewalk repairs, and Riverfront Park South scheduling pressure.
Finance Director James Brand presented a first‑quarter finance report, explaining that 22% of annual revenues have been collected to date (property‑tax receipts arrive later in the year) and that timing and transfers affect the apparent bottom-line deficit. Brand said intergovernmental revenues were lower compared with the prior year because two ODOT STP payments were received in the earlier year,…
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