City of Jackson, TN December 17, 2024 Budget Committee Meeting

Jackson City Budget Committee · December 17, 2024

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Monthly revenue trend and November anomaly

Presentation

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Speaker 1 reported general revenue is "currently averaging about 5% higher than the same period last year," noted November is "traditionally a down month" because sales/property tax lag and the Jackson Energy Authority payment-in-lieu varies in November, and said the city remains ahead for the year.

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City finance staff reported that overall revenue is about 5% higher than the same period last year and outlined property-tax and system-conversion projections; the committee approved minutes and two budget amendments and heard updates on P-card rollout, Tyler Munis implementation and proposed bond timing.

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Transcript

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