Property Tax Collection Exceeding Recent Years
April 12, 2019
The Sidney property tax collections are exceeding recent years by 23 to 28 percent.
Sidney’s Finance Director David Scott reported the condition of the City’s budget to the city council Tuesday night. Scott said property tax collection revenue is averaging 23 to 28 percent above the last four years at this point in the fiscal year.
“Property tax is currently sitting at 28 percent, or 3 percent better than the last fiscal year through half of the fiscal year. This is understandable. As I stated earlier, the bulk of the revenue will come in the spring.
The City budgeted $279,975 less...