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Assistant city manager reports healthy 4B fund; council ratifies $437,000 amendment unanimously
Summary
Assistant City Manager Karen Riggs presented the 4B financial status as of Dec. 31, 2025 — noting December sales tax of about $360,690 and interest earnings at 43% of expected first‑quarter earnings — and the council unanimously ratified a $437,000 4B budget amendment to cover rolled projects.
Assistant City Manager Karen Riggs presented the 4B fund financial status as of Dec. 31, 2025 and described mixed sales‑tax performance: "December sales tax came in at 360,690 thousand, which is about 8%, almost 9% over last year," she said, adding that January was about 3.6% higher year‑over‑year while February was down roughly 5.6%, leaving a modest year‑to‑date increase.
Riggs said interest earnings are strong (reported at 43% of expected first‑quarter earnings) and that overall revenues and expenditures are on track for the quarter. The board then considered ratifying two carried‑forward items (a vehicle purchase rolled from last July and a streets portion increase for the Gregory project) and ratified a $437,000 amendment in the 4B fund; the record shows the motion was made by Councilor Sable, seconded by mayor pro tem Dawkins, and passed unanimously.
