Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Treasurer: property tax receipts below seasonal norms
Summary
Treasurer Roti told the council the city received about $75,000 in property taxes for the period, compared with a typical $170,000–$180,000 range, and noted the budget calendar is out.
Treasurer Roti reported to the council that property tax receipts for the reporting period were lower than the city typically sees. "We received about $75,000 for property taxes, it’s usually around $170,000-$180,000, so less than expected," Roti said, and added that the budget calendar has been released and the city has a little more time than in past years to complete budget work.
The comment was presented as part of the Treasurer’s report; council members acknowledged receipt of the Treasurer’s and Clerk-Collector’s reports. The shortfall in receipts was noted but the transcript does not record an expressed directive or follow-up action beyond the published budget calendar.
