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Huachuca City Council hears positive midyear financial report, starts "truth in taxation" notice process
Summary
Finance staff reported a roughly $231,000 year-to-date surplus through Jan. 31 and the council unanimously directed staff to begin the "truth in taxation" public-notice process; staff said examples show a $100,000 home could see a $12–$24 annual change depending on the rate chosen.
Ruben Villa, a town finance staff member, told the Huachuca City Council on March 12 that the town’s unaudited finances through Jan. 31 — about 59% of the fiscal year — show revenues exceeding expenditures by roughly $231,000.
“Overall, this is a positive report,” Villa said, noting the numbers remain unaudited and subject to change during the formal audit. He called out the landfill fund as the only fund showing a condition of concern pending grant reimbursements through the GADA process, which staff said would be amortized over 10–15 years. Villa also told the council that sales-tax receipts are affected by a reporting lag and that an increase may appear in subsequent months.
Following Villa’s presentation, the council directed staff to begin the public-notice steps for the town’s truth-in-taxation process as part of this year’s budget planning. Town Manager Suzanne Harvey outlined staff’s estimates: a “neutral” scenario producing roughly $17,765, a midpoint scenario yielding about $128,000, and a maximum-allowable scenario yielding about $139,000 in additional revenue, as presented by staff. Harvey showed example homeowner impacts that staff calculated: on a $100,000 home the midpoint scenario would raise property tax roughly $12 per year and the maximum roughly $24 per year. Councilmember Johann Wallace moved the directive and the motion passed unanimously.
