Staff Writer
A nearly $200,000 sales tax allocation to the city of Grass Valley at the end of September has put its finances in a less-dicey status, said Public Works Director Tim Kiser, the acting city administrator
The city council had enacted a 60-day freeze on discretionary spending in early September due to a concern that revenues from Measure N, a half-percent temporary sales tax increase, were lagging behind. Measure N allocations reach the city several months after the sale point, based on estimates and with a portion withheld, Kiser previously explained. Once sales figures are cemented, that withheld portion is paid in chunks, referred to as a “true up,” and Grass Valley had feared its end-of-September true up would come in low.