Title
Budget Snapshot - Tax Revenues
Recommended Action
Committee Recommendation:
Not referred to a committee
City Manager Recommendation:
Receive a briefing on the City’s tax revenues. No action requested.
Report
Issue:
Whether to receive a briefing on tax revenues.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
Dean Walz, Fiscal Services Director,
Background and Analysis:
The City receives tax revenues from various sources: Property Tax, Sales and Use Tax, Utility Taxes, Business and Occupation (B&O), Real Estate Excise Tax, Lodging Tax, Gambling, Leasehold Excise, and Admission Tax. Attached is a chart of 2017 tax distributions.
Staff will present historical information related to tax revenues received.
Neighborhood/Community Interests (if known):
N/A
Options:
Information only
Financial Impact:
N/A
Attachments:
2017 Tax Distribution