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Staff tells council sales tax projection built from recent actuals plus 2.5%
Summary
City staff said they used recent actual sales tax receipts ($4,000,003.89 cited) then added 2.5% for next-year revenue assumptions, producing a conservative projection and a roughly 5% budget-to-budget increase; council questioned timing and lake-level impacts.
During the budget review staff described the revenue methodology for the sales tax estimate, saying they started with recently received actuals and added 2.5% to produce the draft revenue figure. Staff cited the actual receipts figure, saying the base was "$4,000,003.89" and that they had "added 2.5 percent to what we actually brought in to make it 4.4."
Council members pressed for clarity on which months were used for the base and warned that local conditions — notably the lake being down — could reduce tourism and sales-tax receipts. A councilmember said their internal numbers did not match staff's worksheet for certain months; staff replied the projection was intentionally conservative and that they would provide more detailed reconciliation for follow-up.
