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Midyear report: Sunbury income tax collections on track, EV charger operations running at a small annual deficit
Summary
City finance staff reported midyear income‑tax collections at roughly 50% of budget, strong building permit receipts, and EV charging station revenue of about $7,000–$8,000 projected for the year but an estimated $2,000–$3,000 annual operating deficit after licensing and expenses; staff will investigate software licensing and potential rate options.
Sunbury finance staff presented the city’s midyear revenue and expense report to the finance committee on July 15 and flagged several items for committee follow‑up, including electric vehicle (EV) charging station operations.
Ms. Steffen reviewed revenues and said year‑to‑date income‑tax collections are roughly 50% of budget and that building‑permit receipts are exceeding budget — driven in part by large projects such as Kittner Crossing and Woodland Lake. She said interest income is running above plan and stormwater fee collections are strong.
On the EV charging station, Steffen said the city expects to collect about $7,000–$8,000 this year in usage fees but that expenses (including a software/licensing cost) make the station run at an estimated $2,000–$3,000 annual deficit on current usage. Committee members asked whether licensing is a per‑unit or enterprise fee and whether a surcharge or higher rate could offset the operating subsidy; Steffen said she would investigate pricing and licensing models for potential solutions.
Steffen also summarized a printout from the regional income‑tax agency that lists where residents work and the tax rates they pay at their workplaces. She said the chart in the packet shows a plurality of residents fall in the lowest bracket displayed and that the data was provided for informational purposes only; staff are not proposing immediate tax‑rate changes.
On the expense side, Steffen noted routine and semiannual charges (tow‑recovery collections to mayor's court, cruiser repairs) and larger payments now on the check report (for example, a sewer‑tap refund to Pulte and engineering invoices to American Structure Point and Verdantas). Fund balances and reconciliations were included in the packet; staff did not propose new appropriations at the committee meeting.
The committee set its next meeting for Aug. 19 and adjourned after a formal motion and roll call approval.
