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Finance director warns of sales-tax dip, proposes small raises and deferred budget adoption
Summary
Interim finance director Todd Simono told the council that August sales-tax receipts ran about 9% below expectations, that payroll is roughly 75% of general-fund spending, and he proposed targeted raises and timing that would delay budget adoption until a tax-rate hearing in mid-September.
Todd Simono, the interim finance director for Nacogdoches, outlined the proposed fiscal year 2026 budget at the Aug. 19 workshop and underscored revenue pressure from sales-tax volatility and property-tax mechanics.
"In August, we received 9% less than what we were expecting," Simono said, noting that sales tax is the second-largest revenue source for the general fund and that month-to-month swings have been pronounced. He recommended conservative budgeting for hotel-occupancy and sales-tax receipts…
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