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Paramount approves minor adjustment to Falcon Fuels tax‑revenue share agreement
Paramount City Council · December 17, 2025
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Summary
Council authorized the city manager to execute an amendment increasing the Falcon Fuels tax revenue share from 35% to 37% (07/01/2025–06/30/2027) and from 30% to 32% thereafter; finance staff estimated a fiscal impact of about $20,000 per year.
The council approved an amendment to an existing settlement agreement with local business Falcon Fuels that adjusts the tax‑revenue sharing percentages.
Finance Dire…
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