Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
District reports 81% tax collection and a small dip in county sales tax
Summary
Business report showed about 81% of school tax bills collected by the due date (down from 88% last year) and a Q3 sales-tax payment from Erie County down 0.75% from Q3 2023; the district will monitor revenues as it begins 2025–26 budget planning.
The district's business official reported that school tax bills were due yesterday and the district had collected about 81% of bills as of the report; payments after the deadline will incur interest and penalties. The official said last year the comparable collection rate was 88%.
The business official also reported the district received its Q3 2024 sales-tax disbursement from Erie County, which was down 0.75% from Q3 2023. Officials said they will monitor sales-tax receipts while preparing the 2025–26 budget to ensure revenue assumptions align with actual receipts.
