The Merced Tax Transparency Commission met on February 10, 2026, to review December 2025 financial reports for Measures C (sales tax) and Y (cannabis tax), elect a new chair, and discuss future agenda items. No public comments were received.
Okay, I will call the meeting to order, please. Okay, agenda item B Pledge of Allegiance. I led allegiance to the United States of America. And we've ever thought what the register one nation under the individual liberty. Okay, agenda item C, roll call, commissioners. Garcia. President. Okay, Johnson. Here. Murphy. Here. Flores. Here. Uh to car. Did I pronounce that correct? Okay, good. And then Vice Chair Kastecki. Here. Okay, Vice Chair Kistecki, I would like to remind the audience that if they wish to address the commission, they must submit a green request to speak form located at the podium in the back of the council chamber. Citizens can submit public comment to the commission electronically no later than 1 p.m. on the day of the meeting. Comments received before the deadline will be sent to the commission and will be part of the record and be will be mentioned as part of the public comment portion of the agenda. Material may be emailed to city clerk at City of MRSA.gov and any correspondence received after 1 p.m. will be distributed to the commission and retained for the official record. Agenda item D, public comment. The clerk's office did not receive any public comment for this meeting tonight. And just for the record, there are no audience members to leave a public comment. Agenda item E, action items. E1, Measure C revenue and expense reports for December 31st, 2025. Good evening. So this is this uh the slide that tells you what we've received over um several years of Measure C transaction tax uh for uh 2425. Um we received a little a little close to nine million, not quite nine million, and then for um 2526, we're estimating to receive a little bit over um nine point one million. So there are there is positive news in uh sales tax area. So we did see quite a big spike there. If you could uh look at the third quarter 2025, so we do compare to the prior third quarter of 2024, and we did get um uh a little over 200,000 of an increase for the quarter, so that that is positive news. We had not been getting very much as as far as increases, they were kind of staying steady, um, but we did get quite a jump there. So we're hoping to continue that positive trend moving forward. Just to give you a little bit of uh more detail on that um third quarter revenue. So we we do um we are estimating a little over 9.1 million for the year to be received. Uh for third quarter, we got a little over 2.4 million, so that's 26.6% of the budget. So as long as we're hitting at least the 25% mark, right, for every quarter, uh that's what we want to at least see. Um that's up 9.5% on a cash basis, and it's up 8.5% on an adjusted basis. So when I talk about adjusted basis, what happens is that we tend to get money from retailers in different quarters, but they were due maybe in the prior quarter, right? But we're getting it now. So they give a they tell uh they put the money where the quarters where it belonged in the quarters, and then they tell us that it's up 8.5% from an adjusted perspective. And then we tell you which industry groups are up, which ones are down. In this case, we're seeing up in all of the industry groups. So again, that's all positive news. So now that we've kind of kind of completed our audit for 20 um 2425, we like to come back and tell you how we ended the year based on what we estimate uh we thought we would end the year, so we thought we would end the year at about 5.6 million dollars. We actually ended at 6 million, so uh it's a little bit better than we thought, so 444,000 to the positive.