0:00 → 0:12(11s)
David Goldman, deputy city administrator and finance director, opened part 3 of the citys revenue series and said the session will examine secondary revenue streams that complement property and sales taxes.
David Goldman, deputy city administrator and finance director for the City of Oak Harbor, outlined the city's secondary and restricted revenue streams beyond property and sales taxes, including utility taxes, the real estate excise tax, state-shared revenues, motor fuel tax, excise ("sin") taxes, grants, user fees, and development charges. He highlighted 2024 figures, legal restrictions on some revenue types, the fiscal-year mismatch with the state, and cautioned against budgeting recurring expenses with variable funds.
