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Clarkdale council adopts $47.38 million tentative budget, cites weaker sales and state revenues
Summary
The Clarkdale Town Council on May 27 adopted a tentative FY2025–26 budget of $47,384,536, citing lower local sales tax receipts and reduced state shared revenue. Council held the property tax rate flat and scheduled a June public hearing for final adoption.
The Clarkdale Town Council unanimously adopted a tentative fiscal 2025–26 budget of $47,384,536 on Tuesday, setting the ceiling for the coming year and scheduling a public hearing on June 24 for final adoption.
Town Manager Guthrie presented the plan, saying the increase from the current-year budget (about $43.6 million) is driven largely by grant-funded capital projects. "The majority of that difference is in the grants fund," Guthrie said, and staff presented forecasts that reflect a roughly $300,000 drop in state shared revenue…
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