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Clearfield finance staff flag permit and energy-tax shortfalls amid strong holiday sales-tax receipts
Summary
At a midyear financial update, city finance staff reported overall revenues about 54% of budget midyear, with sales tax performing above expectations but shortfalls projected in energy tax and building permits; staff flagged water system pump failures and overtime as expense pressures.
Clearfield, UT — City finance staff delivered a midyear fiscal update showing mixed indicators: sales tax is outperforming last year while energy tax and building-permit revenues are projected to fall short of the FY26 budget.
Rich, who presented the update, said overall revenues stood at about 54% of budget through December, with sales-tax receipts $230,000 higher than the prior year and a current projection of $465,000 over the FY26 budget. He cautioned, however, that energy tax is about $315,000 short of expectations and building-permit revenue is projected to be roughly $200,000 below budget. Court fines and forfeitures are also projected about $134,000 short of budget.
On the expense side, Rich said overtime in public works rose because of pump failures that produced additional pumping costs, and he noted that the property-tax levy came in about $200,000 lower than budgeted. Offsetting some of the shortfalls, the aquatic and fitness center reported $112,000 (about 15%) more revenue year-over-year.
Rich said staff will continue to monitor revenues and present more detailed sales-tax analysis in upcoming budget work sessions as the city prepares the FY27 budget.
No formal fiscal decisions were made at the meeting; the presentation was informational and will inform future budget discussions.
