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Interim finance director: May revenues ahead of 2025 but sales tax down; duplicated receivable being addressed
Summary
Interim Finance Director Heather Pizzella reported May 2026 revenues at about 50.2% of budget (46.8% excluding a duplicated developer receivable). Staff have filed a refund claim for the duplicate $607,182 payment; year‑to‑date sales tax is down roughly 2.73% ($63,000).
Heather Pizzella, interim finance director for the Town of Dillon, walked the council through the May 2026 financials and footnoted a duplicated developer receivable the town has asked to be refunded. "On page 1, our total revenues are currently at 50.2% of the 2026 budget," she said, adding the figure drops to 46.8% if the duplicated receivable is removed and noting staff have submitted a claim for refund on the duplicate payment totaling about $607,182.
Pizzella also flagged that May sales tax preliminary numbers showed a decline: "Sneak peek of May sales tax, we're actually down 3.22% or $18,000 and that puts us year to date down 2.73% or $63,000," she told the council. She explained audit reversing entries have been posted and that Q2 sales and lodging tax details will appear with June financials on Aug. 18. Pizzella said the finance team is automating reporting processes and will present an investment policy review in the fall.
Council members asked for comparative data across mountain towns and clarifications on concert pass‑through accounting; staff said pass‑throughs will be shown as contra‑revenue going forward to avoid the appearance of large gross inflows and outflows.
