Sales tax, increased valuation help Cheney general fund

Cheney’s 2018 budget revenues might not necessarily be rosy, but they certainly don’t stink either.

City officials are forecasting total governmental revenues in the coming year at almost $12.64 million, an increase of 9.17 percent from 2017’s budgeted amount of $11.59 million. The increase comes from projected jumps in three categories: taxes, miscellaneous and the beginning fund balance.

Cheney is budgeting for $6.29 million in taxes in 2018, $334,900 more than what was estimated for 2017. The city is at 82.22 percent of this year’s projected $5.96 million figure with November and December c...

 

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