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Council hears revenue update; new Subaru dealership expected to modestly boost sales tax
Summary
Staff reported generally positive revenue estimates and cautioned that an accounting accrual makes current year sales tax appear higher; the new Subaru dealership opening was cited as a modest sales‑tax booster.
Peter, a city staff member, described revenue estimates as "still really positive and strong," but warned that an accrual in the current year inflates apparent receipts and that the city should not plan on two extra months of sales tax. He added, "we're excited for the new Subaru dealership to open to to boost our sales tax revenue a little bit."
Council members asked staff to be conservative in revenue assumptions and to provide the May and June financial statements before making final allocation decisions. No revenue‑related motions or allocations were finalized at the session.
