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City staff reports steady finances; Chamber shifts tourism funds toward murals and website, commission discusses Airbnb tax collection
Summary
Theresa presented the third-quarter financial dashboard showing revenues near projections and an estimated ~$212,000 general-fund surplus pending audit; Courtney Hale and commissioners discussed tourism spending, a new mural program, website rebuilding and challenges collecting hotel-motel taxes from short-term rentals.
City finance staff reported the third-quarter financial dashboard and commissioners discussed tourism funding and collection challenges.
Theresa presented the report: sales tax outperformed the annual budget by about 1.8%, overall general-fund revenues were about 97.38% of budgeted totals, and general-fund expenditures ran about 94.44% of the budget, leaving an estimated $212,000 surplus to add to the fund balance pending completion of the year-end audit. She…
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