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Sharonville finance director flags revenue volatility as audit and City Hall remodel proceed
Summary
Finance Director Scott McKeon told the Sharonville City Council income-tax receipts lagged last year and the city is preparing budgetary adjustments; the council learned the city began a five-year audit contract and is advancing a North City Hall remodel.
Finance Director Scott McKeon told the Sharonville City Council on an evening meeting that income-tax collections were down year over year and that some funds remain below budgeted targets as the city heads into budget season.
“We expect those fluctuations to even out for our next report and, certainly through the end of the year,” McKeon said, adding that income-tax collections were down 1.73% compared with this time last year and that the city had collected 74.9% of…
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