Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Sales Tax topic
No spam. Unsubscribe anytime.
Staff flags sales tax outlook and potential mail ballot for dedicated sales tax
Summary
Officials said sales-tax receipts are projected to exceed 2026 targets, projected 2027–2031 growth is about 2.7%, and staff flagged a potential dedicated sales-tax mail ballot election in March 2027, noting any proceeds would not be available until late 2027/2028.
Get email alerts on the Sales Tax topic
No spam. Unsubscribe anytime.
At the Committee of the Whole, staff reported sales tax revenues are outperforming projections for 2026 and estimated five‑year sales tax growth of roughly 2.7%, aligned with anticipated inflation. Laurie told council members staff view sales-tax volatility as a planning risk but also an opportunity for additional revenue if the council pursues a dedicated sales tax.
"Given that...sales taxes are volatile, this is a great position to be in," Laurie said. She added that if the council chooses to pursue a dedicated sales tax via a mail ballot election, action would be required this calendar year to appear on a March 2027 mail ballot and, if successful, the earliest returns would start in October 2027 and be available quarterly into 2028.
