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Jackson City finance staff reports modest revenue growth, flags budget true-ups
Summary
City finance staff told the budget committee that non-property revenues are roughly 1.4% higher year-to-date and property tax collections are about $389,000 ahead, but miscoding and seasonal expenses mean several budget amendments will be needed to align accounts.
Speaker 2, an unidentified participant, told the Jackson City Budget Committee that November local-option sales tax exceeded expectations by "about $74,000" and that the city is running "$165,000 more than at the same period last year." Speaker 2 added that overall non-property tax revenue through November was "about 1.4% higher than at the same period last year."
Why it matters: the committee heard that property tax collections are ahead of last year (Speaker 2 said…
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