In a recent government meeting, officials discussed the unsuccessful bid for a grant aimed at extending the sewer line at the local airport, a project deemed essential for future development. The grant, which was anticipated to be around $7 million, was not secured this round, prompting officials to express optimism about future applications. Mayor McCaw reassured that while the setback is significant, it will not jeopardize ongoing airport projects, as there is time to reapply for funding.
Additionally, the city reported a modest increase in total sales tax revenues for the last fiscal year, rising by $124,594, or 0.46%. However, this figure reflects a concerning trend, as revenues were down by $67,000, or 4.8%, in June compared to the previous year. Despite the overall increase, the city’s conservative budgeting approach resulted in a surplus of $1,335,000 over budget, providing a silver lining amidst the flat revenue growth.
The meeting also included the approval of several resolutions, including the appointment of Karen Lemay to the Sierra Vista Environmental Stewardship Commission and the designation of David Felix as chief financial officer for the submission of annual expenditure reports for the upcoming fiscal years. The council moved forward with these items without significant discussion, indicating a smooth consensus among members.
As the city navigates these financial challenges and seeks new funding opportunities, officials remain committed to monitoring revenue trends closely and pursuing necessary projects to support future growth.