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The City Council approved updated revenue assumptions for sales tax, property tax, transient occupancy tax, and cannabis/other tax revenues for FY 2025 through FY 2031, then directed staff to pause additional budget meetings until the new City Manager arrives.
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The Council adjusted the revenue numbers staff will use when building the next two-year budget. Those changes affect how much money the City expects from sales taxes, property taxes, hotel taxes, and cannabis and other taxes over the next several years. Council also asked staff to delay any more budget meetings until the new City Manager is in place.
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