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Town finance director reports steady revenues, 92% ad valorem collections and small variances

Town of Indian Trail Town Council · February 11, 2026

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Summary

Finance Director Alicia Massey presented the town's second-quarter financial review: ad valorem collections around 92% of expected, sales tax tracking above prior year, investment earnings near 3.7%, and overall expenses at about 51% of budget; staff will deploy a new monthly financial dashboard.

Alicia Massey, the town’s finance director, presented the second-quarter financial review to the council and said the town’s revenues and expenses are tracking close to budget. She reported ad valorem (property tax) collections at roughly 92% (the town budgets at 96% collection), sales tax is tracking…

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