Oroville oversight committee hears draft showing near $7M in sales-tax revenue, staff flags $300K projected deficit after pending remittance

Ruth, the district finance staff member, presented a draft revenues-and-expenditures report and said the city has recorded about $6,400,000 in sales-tax revenue to date. "Without that month, we already have $6,400,000 in revenue, so pretty safe to say we'd... we're gonna get close to 7,000,000 this year," Ruth said, noting one August remittance was still outstanding and staff would reissue the report after it posts.

Ruth walked committee members through line items, saying code enforcement was approximately 3% over budget and streets were "27 over budget" while police spending was about 5% over. She told the committee that because Fire had not yet submitted its last quarterly invoice, the report did not reflect final fire expenditures. Ruth said current figures show an $827,000 deficit but that the expected August remittance should reduce that gap to roughly $300,000. "So right now, we're looking at a $827,000 deficit, but I'm pretty sure we'll make over 500 in our next sales tax remittance, which would make that about 300,000 deficit for the year," she said.

The Moderator and members asked clarifying questions about accrual timing (July/August receipts) and percent-over-budget calculations. Ruth confirmed the city accrues receipts when remitted and that the August payment typically represents a prior month's activity; she committed to circulating an updated, final fund-balance report at the next meeting once the remittance posts.