Revenue Projection for 2020
City Manager Mark Kutney said the review process is ongoing and there are some changes and additions that are pending. Interim Finance Director Autumn Sullivan said she used the good faith estimate for ad valorem taxes. Except for communication tax, all the state revenue figures have been received.
Kemerer asked about the revenue from Duke Energy and electric public service taxes. The budget appears to run up to $130,000 under the revenue. Sullivan agreed to review the figures.