Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Kingsburg manager reports modest sales-tax growth and revenue projections for fiscal 2026
Summary
City Manager Alexander Henderson told the council Bradley Burns sales-tax receipts were up about 6% through the first half of the year and projected fiscal-year 2026 receipts just under $1.7 million; Measure E and other revenue sources were also covered along with the timing of distributions and potential effects if ballot measures fail.
City Manager Alexander Henderson delivered an overview of the city's fiscal-year 2026 general-fund revenue picture on March 18, summarizing major sources, timing of receipts and near-term projections.
Henderson said property tax remains the largest general-fund source, followed by sales tax (Bradley Burns) and Measure E, and that Bradley Burns receipts through the first half of the year are up just over 6% compared with the same period last year. Based on current data and third-party estimates, Henderson said fiscal-year 2026 Bradley Burns receipts are projected to be just shy of $1,700,000.
Henderson reviewed the mechanics of sales-tax distribution and "true-ups," noting that distributions arrive in arrears and that September/December/March/June quarters can include catch-up amounts. He noted Measure E is a 1% public-safety tax approved in 2018 and that transient-occupancy tax (TOT) collections were roughly flat so far.
Council members asked how competing ballot measures could affect the city's sales-tax share. Henderson said two ballot measures were circulating for signatures; if neither qualifies or none pass, the countywide sales-tax portion could reduce by half a percent when the measure sunsets next summer, which would reduce local receipts.
The presentation was informational; council did not take any immediate budget action during the meeting.
