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Huachuca City hears midyear budget report, directs staff to begin 'truth in taxation' notices
Summary
Council received a midyear finance briefing showing revenues exceeding expenditures by about $231,000 (unaudited) and unanimously directed staff to begin the 'truth in taxation' public-notice process; no final tax rate was adopted.
Ruben Villa, the town's finance presenter, told the Huachuca City Council on March 12 that the town's financial report through Jan. 31 covers about 59% of the fiscal year and shows revenues exceeding expenditures by roughly $231,000, though the numbers are unaudited and subject to change.
Villa said most funds are within expected ranges but the landfill fund remains a concern until grant reimbursements are finalized. He also said a lag in December sales-tax reporting may mean revenue figures rise in February and March.
Town Manager Suzanne Harvey presented options tied to Arizona's "truth in taxation" process and outlined three rate scenarios: a neutral-rate motion that would generate about $17,765 annually; a midpoint that could yield approximately $128,000; and a maximum-allowable scenario near $139,000. Harvey said the midpoint example would increase taxes by about $12 per year for a homeowner with a $100,000 assessed value; the maximum scenario would be roughly $24 per year.
Councilmembers debated the policy direction but did not set a final tax rate. Mayor Johann R. Wallace moved, and Councilmember Debra Trate seconded, to direct staff to begin the public-notice process required for truth-in-taxation hearings. The motion passed unanimously.
The Council's action starts the required public-notice and hearing sequence; any decision on a specific rate will come later in the budget process.
