Excluding Parking Tax, October Revenues Down $38 Million from FY2023

  • October tax revenue totaled $257M, a 13% reduction ($38M) from last year.
  • No Sales Tax was received in October due to timing issues, accounting for $16M of the $38M difference.
  • The City updated its FY24 cash flow projections due to low RTT collections in the first quarter. October collections are consistent with the updated cash flow figures.

For the full report, click here.

For past reports, click here.