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Roanoke finance briefing: sales tax down ~7%, cigarette tax down 21%; council requests clearer OT tracking
Summary
Deputy director of finance reported mixed revenue trends: penalties/interest up about $200,000, sales tax down ~7%, cigarette tax down 21%, and increased permits tied to Carilion projects; council asked for clearer growth breakdowns and simplified overtime/temporary-wage monitoring.
Roanokes finance staff reported mixed revenue signals during a Jan. 5 council briefing, noting both areas of strength and areas of concern as the city monitors FY26 performance.
Deputy Director of Finance Aquaneta Harris said penalties and interest collections are about $200,000 higher than the prior year, while sales-tax revenues are down approximately 7% compared with the prior year (monthly results through November…
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