Eric Richardson said two known items—cashier receipts and lower-than-projected refunds—currently put FY2026 net revenue about $161 million above March Revenue Estimating Conference projections, though three accounting items remain open until September close.

Administration proposed a graduated commercial permit-fee structure to make Blue Island more competitive: 5% on first $100,000, 2% on $100,000–$1,000,000, and 1% above $1,000,000. Councilmembers and staff asked for revenue-impact analysis before any adoption.

The treasurer told the board a returned advance inflated reported revenue growth to 3.75% (true growth under 1%), said expenditures were $717,000 lower than last year, and presented a sensitivity analysis showing the general fund is most sensitive to base wages and enrollment‑driven foundation funding.

Financial advisor Eddie Gutierrez told the board total revenues through June were $21,021,940, operating expenses $5,579,502 (≈27% of revenues), and recapture rates show more southbound crossings captured than northbound on a year‑to‑date basis.

Tumwater's budget update shows a concerning sales tax dip while B&O tax revenues rise.

A Legislative Services Agency monthly memo says net general fund receipts fell $374 million (−7.7%) year to date through Feb. 3, 2026, driven by lower individual and corporate income tax collections partly tied to recent rate reductions; sales tax receipts rose modestly.

The Harbor Commission voted to continue its strategic planning work group to complete a revenue opportunities analysis and develop citywide standard leasing guidelines. Staff highlighted a waterfront survey of more than 500 respondents and a two-tier list of possible revenue measures including slip-fee adjustments, parking changes, RV sites, and a이

The joint fiscal office reported March gas and diesel receipts rose above forecast, largely offsetting a February reporting shortfall, but year‑to‑date motor vehicle purchase and use receipts lag forecast by about $1.7 million. Staff said June true‑up and July forecast will determine whether further budget adjustments are needed.

We resurface with another Thursday Thorns column today. But … we’re reposting an article with minimal commentary from April 2024, which is still relevant today, sadly. We don’t li…

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