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Liberty Lake reports stronger-than-expected 2025 revenues; sales tax tops budget
Summary
City finance staff told the council that Liberty Lake's 2025 revenues outperformed budget in key areas: sales and use tax rose above projections, property tax levy matched expectations, and the general fund ended the year with an above-target balance despite some departmental cost overruns.
Liberty Lake's finance director reported on Wednesday that the city closed 2025 with stronger revenues than projected in several major categories, led by sales and use tax.
"We budgeted 3.16. Our actual levy was 3.166," Finance staffer Kyle told the council, summarizing the property-tax picture. He said the city reported general fund revenue of $2.655 million and that sales and use tax receipts exceeded the 2025 budget: the city budgeted $6.62 million and received about $6.99 million.
The presentation traced how those revenues flow…
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