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City reports modest sales-tax gains and steady budget execution
Summary
Finance staff reported July sales tax rose a little over 1% from July 2025 and year-to-date sales tax is about 3% higher than the prior fiscal year; staff said major funds are performing as planned nine months into the fiscal year.
Mr. Gee presented the July financial and project status reports, saying July sales tax collections were up a little over 1% compared with July 2025 and that sales tax revenue is approximately 3% higher year-to-date compared with the prior fiscal year. "Currently, we are approximately 3% up in sales tax compared to last fiscal year," Mr. Gee said, and he encouraged council members to review the packet for details on revenues and expenditures.
Mr. Gee described the budget as being executed as planned with major funds performing well at nine months into the fiscal year and directed council to contact staff with any questions about the packet. No formal fiscal actions were taken during the meeting; the report was provided for council review and information.
