SHERIDAN — The city’s sales and use tax collections are the highest they have been in five years, according to a report city administrator Mark Collins delivered to city council Monday night.
Collections this year are also up 3.8 percent compared to the same time last year and total just over $1 million year to date.
Revenue collections are currently exceeding expectations, as the city had projected sales and use tax revenue would grow by 2.5 percent in its fiscal year 2019 budget.
The city also exceeded its projected revenue from the One Cent Optional Sales Tax in fiscal year 2018, bringing in $3,414,000 when it had projected $3.2 million. Collins presented council with some potential uses for that money, which included contributing to the attainable housing study the Sheridan Economic and Educational Development Authority is expected to launch later this month, but council did not make any decisions on the funds Monday night.
Collins’ presentation also showed that lodging tax revenues are down slightly from last year. Lodging tax collections are down by roughly half a percentage point compared to the same period last year, and down 2.5 percent year to date.
He attributed the drop to turnover in the local hospitality industry, with new owners taking over some of the local businesses, and said he expects the lodging tax numbers will recover.
Collins was scheduled to present council with a first-quarter financial report, but delayed that report because assistant treasurer Todd Watkins was unable to attend Monday’s meeting. Council is scheduled to hear the first-quarter financial report at its Nov. 5 meeting.
Council awarded a $20,200 contract to CivicLive to redesign the city’s website. City clerk Cecilia Goode said the city would also budget $3,500 annually to for hosting and maintenance of the new site. Local technology firm Confluence Collaborative sent a letter earlier in the day critical of the council’s consideration of a company from outside Sheridan.
Councilors Patrick Henderson and Richard Bridger said they would have preferred to keep the contract local, but believed CivicLive was offering the city the best service for the best price based on the recommendations of city staff.
Council also approved a $50,000 contract with Tyler Technologies to provide new Municipal Court Management Software. The new software will replace the state-operated software Sheridan has used for several years, which the city has found to be unreliable.
Council approved a $70,000 contract to Duke’s Root Control, to complete the city’s sanitary sewer maintenance. The company uses a chemical foam to clear roots from the sewer system that can create blockages and weigh on sewer infrastructure.