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Mayor reports auditors leaving site visit and mixed sales-tax results; auditors expected back this fall
Summary
Mayor told the council auditors from Drescher and Malecki spent three weeks onsite and will return for a formal update in September or October; sales-tax receipts for the 0.25 cent were up in April and May but down in June, with a net $129,829.47 over budget for the period discussed.
The mayor reported that auditors from Drescher and Malecki spent three weeks on site and have left to prepare final audit materials, with a follow-up presentation expected in September or possibly October. The mayor praised staff for their cooperation during the brief on-site review.
On local revenue, the mayor said sales-tax receipts tied to the 0.25-cent measure were up in April and May but down in June, and that the overall amount discussed was $129,829.47 over budget for the period referenced. The mayor noted upcoming events — including the Babe Ruth World Series and several downtown festivals — that could affect sales-tax receipts in coming months.
