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Huachuca City hears midyear budget; council directs start of Truth in Taxation notices
Summary
At its March 12 meeting the Huachuca City Council received a midyear financial report showing unaudited revenues outpacing expenditures and unanimously directed staff to begin the Truth in Taxation public-notice process as part of next year’s budget planning.
Huachuca City Council received a midyear budget update on March 12 showing townwide revenues currently exceeding expenditures and approved beginning the Truth in Taxation public-notice process.
Ruben Villa told the council the report covers activity through Jan. 31 and “we have the report through January 31st, which represents 59% of the fiscal year.” He described the figures as unaudited and said revenues currently surpass expenditures by about $231,000. Villa flagged the landfill fund as a single area of concern but said anticipated GADA grant funds will amortize recorded landfill expenditures over 10–15 years.
Town Manager Suzanne Harvey explained the Truth in Taxation options staff could present during the budget cycle. She gave three revenue scenarios: a neutral-rate impact of about $17,765; a midpoint option that would raise roughly $128,000; and a maximum-levy scenario near $139,000. Using a $100,000 home as an example, Harvey said a midpoint levy would add about $12 a year and the maximum about $24 a year. Council did not set a tax rate; it directed staff to prepare the required public notices and include the item in upcoming budget hearings.
Motion and next steps: Councilmember Johann Wallace moved and Councilmember Debra Trate seconded a motion directing staff to begin the Truth in Taxation public-notice process. The motion passed unanimously. Staff will return with formal rate options during regular budget deliberations.
