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Wayne County staff projects revenue growth but flags marijuana-tax, lodging-tax uncertainty
Summary
Management & Budget said general fund revenues are expected to rise, with property-tax receipts of about $392 million in FY25; staff warned that a 24% wholesale marijuana tax and an expiring lodging/car rental tax are legally uncertain and could reduce projected road and tourism-related revenues.
Wayne County officials told the Ways and Means committee on Jan. 8 that overall county revenues are expected to increase in the next budget cycle, but they cautioned that two contested revenue sources could reduce projected receipts.
Management and Budget economist James Tatum told the committee that "property tax revenues came in at about $392,000,000 in the general fund for fiscal year 25," and that staff expect growth to continue through fiscal years 2026'28. He said improvements in the collection rate also…
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