The Town of Fountain Hills remains stable, with multiple revenues above projections in the second quarter of fiscal year 2026.
Chief Financial Officer Paul Soldinger presented a revenue update at the Feb. 3 council meeting. The town’s total net taxable activity saw a 7.1% drop – or $11.9 million – to $167.4 million from the same period in 2025, Soldinger outlined.
Soldinger attributed much of the drop to the loss of residential rental taxes, as total transaction privilege tax saw a 4% decrease, though still 6.2% above projections.
