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Commissioners briefed on SP117 effects, opioid and cannabis revenues shaping FY27 budget
Summary
County staff told commissioners the new state law (SP117) changes the inflation/growth calculation and could reduce future revenue; commissioners reviewed opioid settlement balances, a $1.079M grants pot, and stronger‑than‑expected cannabis receipts.
County staff used the Feb. 4 budget workshop to walk commissioners through revenue factors that will shape the FY2027 budget, highlighting a new state law, settlement funds, and recent tax receipts.
Pete opened the revenue discussion by explaining SP117’s technical changes: the county’s inflation factor will be the three‑year average with a 4% ceiling, and the share of new property growth the county may receive was reduced to 75% of new growth rather than 100%. “SP117 made some changes to our…15 10 4 20,” staff said…
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