At the second City Council meeting each month, Finance Director Doug Moseley delivers a written and verbal recount of the City's financial status. These are the preliminary revenue figures for June, 2013 (which is actually May's revenue collected in the month of June).
There was a 6.11% increase in gross tax receipts totaling $116,017.66. Excluding the limited duration sales tax increase collected, there was a 6.54% increase in gross tax receipts totaling $95,151.04.
There was a 6.11% increase in net taxes of $111,823.77. Without the sales tax increase, we reflect a 6.28% increase in net taxes of $91,369.66.