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Chris Stewart: December use tax up sharply; city to host Dec. 13 Christmas parade
Summary
Chris Stewart reported December sales and use tax collections were 4.9% over budget overall with use tax 37.8% over budget; the city manager reminded attendees the Christmas parade is Saturday, Dec. 13 at 9:00 a.m. at Smith Farm.
Chris Stewart delivered the city's sales and use tax report and announced a community event.
Chris Stewart reported that December sales and use tax collections were 4.9% over budget overall. He said sales tax was 0.7% over budget and 2.5% under the prior year, while use tax was 37.8% over budget and 31.9% over the prior year, creating a combined year-to-date result roughly 3.5% over budget.
Why it matters: the stronger-than-expected collections, led by use tax, affect revenue available for city services and capital planning.
Separately in the meeting, the city manager reminded council members and residents that the city will host a Christmas parade Saturday, Dec. 13, at 9:00 a.m. at Smith Farm and that city vehicles will be staged by 8:30 a.m.
The reports were brief and drew praise from council members; the meeting adjourned after council comments.
