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Vista budget not seriously affected by pandemic; cannabis tax revenues exceed projections


VISTA 
The impacts of the COVID-19 pandemic on the city of Vista were milder than predicted, City Council members were told this month.
Some unexpected revenue helped balance the projected $92.3 million budget, as did sales tax and property tax revenue coming in higher than expected.
The biggest unexpected boost came in a projected $4 million in medical cannabis tax, which originally was expected to generate $1.3 million.
Vista also received $1.8 million in Coronavirus Aid, Relief, and Economic Security funding from the county, which allocated the funds to 17 cities that did not directly receive federal CARES Act funds.
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In September, Vista senior management analyst Sara Taylor said the operating budget was expected to be almost $1 million less than what was projected in 2019 because of the impact the pandemic had on sales tax, transient occupancy taxes and other revenue. The city uses a two-year budget cycle. ....

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