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Staff: levy shift and ARPA transfers helped 2025 results; sales tax forecast kept conservative
Summary
Consultant and staff told the commission that a levy shift moved 3 mills from the debt fund to the general fund (raising property tax from roughly $4M to $8M for 2025) and that ARPA transfers ($5M in 2022 and about $3.8M later) materially affected recent years' balances.
Ben Hart and staff reviewed the city’s major revenue sources and said roughly 75% of resources come from sales tax, property tax, franchise fees and compensated use taxes. Hart noted a levy shift that moved 3 mills from the debt service fund into the general fund and reported property tax receipts increased from about $4 million to about $8 million in the 2025 column.
Hart also cited one‑time transfers that affected the 2025 picture: an ARPA transfer of about $5,000,000 into the general fund in 2022 and a later $3,800,000 transfer that helped smooth recent results. He told commissioners staff sets conservative sales tax forecasts (for example, keeping forecast growth at 1% or lower) to avoid overstating recurring revenues. Commissioners raised specific slide inconsistencies; staff agreed to verify and correct the tables before final materials are published.
