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Council reviews FY2026 sales-tax projections and truth-in-taxation rate
Summary
Staff presented preliminary May sales-tax numbers and recommended advertising a final tax rate of 0.002578; staff said the difference between certain revenue lines equates to about $230,000 and that a truth-in-taxation hearing is planned for early August.
City staff opened a preliminary review of the FY2026 budget, focusing on projected sales-tax receipts and an upcoming truth-in-taxation decision.
"This difference equates to about $230,000," said Peter, the staff budget presenter, describing the delta between auditor-certified revenue and the proposed advertised rate. Staff said the auditor-certified May figure is preliminary but expected to hold and noted an estimated rate for advertising of 0.002578.
Council members asked whether a previously discussed 5% figure matched the proposed rate and raised concerns about county reporting deadlines; staff said Weber County met the reporting requirements and that missing the deadline elsewhere could prevent some counties from increasing rates. The council set a truth-in-taxation hearing for the first week of August to finalize the rate.
The presentation included a short outlook on economic-development projects—staff said a new auto dealership is expected to contribute to sales-tax growth—but emphasized that overall sales-tax increases are projected to be modest and that the council should watch trends monthly.
