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Finance director: sales tax below earlier targets but overall revenues may meet projections
Summary
Finance Director Scott Georges reported sales tax through April at $7.53 million and said the city remains on track to meet broader revenue projections as remaining months post April are booked; council members were urged to watch sales-tax volatility closely.
The Cottonwood Heights finance department presented its quarterly review on July 15, offering preliminary revenue and expense numbers and a discussion of sales-tax sensitivity for the current fiscal year.
Scott Georges, administrative services and finance director, said sales-tax receipts through April totaled about $7,528,000, roughly $64,000 ahead of the same period in 2024…
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