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Finance director: Measure B sales tax closed higher than estimate; committee to send quarterly expenditure report to council
Summary
Finance Director Anna Nicholas told the Atwater Citizens Oversight Committee the Measure B public-safety transaction tax is expected to close FY24/25 modestly above estimates and reviewed packet documents; members asked for clarity on unaudited figures and asked staff to forward a standardized quarterly report to City Council.
Anna Nicholas, Atwater’s finance director, told the Citizens Oversight Committee that packet materials include two accounts-payable transaction reports, unaudited budget-status reports for fiscal years 24/25 and 25/26, and the Measure B (public safety transaction and use tax) fund pages pulled from the adopted budget. She said the city expects Measure B sales-tax receipts for the fiscal year ending June 30, 2025, to close modestly above projections — initially citing $5,590,000 and…
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