City Council Work Session and Regular Meeting

JC Martinezstaffthank you mayor council once more once section 90-262 of the city code currently provides a 4 percent meals tax the proposed ordinance would increase the amount of the meals tax to six percent as set forth in the city manager's recommended fy 2026 budget the effective date of this change would be July 1, 2025. The previous meals tax change was from 2% to 4% in 2004 or 21 years ago. An increase to the meals tax reduces the financial burden on residents as the meals tax can offset the need for higher real estate tax, real estate taxes due to visitors and non-residents paying this tax. Deletions to the current language are shown as strike throughs and additions are double underlined as text in the staff report. The 2% proposed increase

JC MartinezstaffThank you. Mayor, council, as a city clerk just mentioned, this is just an introduction of an appropriations resolution which is needed for the general capital wastewater transit stormwater utility cable Old Town transportation tax debt service and the American Rescue Plan Act funds in order to implement the FY 2026 budget. The amounts contained on the staff report are pending approval of the final FY 2026 budget adoption as we're working through this process we will have a budget adjustment worksheet which will show all the debits and the credits and the changes to the final appropriation which will be voted on on budget adoption night May 6 happy to answer any questions