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Posts by Shawn Hunstock

Keeping Up with Inflation: Strategies for Increasing Revenue to Keep Up with Cost Increases

Keeping Up with Inflation: Strategies for Increasing Revenue to Keep Up with Cost Increases

May 31, 2016 by Shawn Hunstock
Category: Revenues , Finance Advisor

One of the strategies cities can use to maximize revenue potential is to ensure they are getting all the revenue they can from their existing revenue sources. For cities in Washington the three largest revenue sources are property tax, sales tax, and utility taxes. For the most part, cities have very little influence on the amount of revenue that is generated from these three sources to cover current and future costs.

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Year-End Budget Amendment: What To Do and When To Do It

Year-End Budget Amendment: What To Do and When To Do It

November 20, 2015 by Shawn Hunstock
Category: Budgets and Budgeting , Finance Advisor

By now most of you have spent weeks, if not months, preparing your preliminary budgets. Once completed, the required public hearings and the (sometimes lengthy) review process with your elected officials can begin, leading ultimately to the adoption of the final budget before the end of the year. One of the often overlooked items in this process is the year-end budget amendment for the current ...

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