‘Disaster’ budget year ahead for Jefferson City

Jefferson City is bracing for a rough budget year in 2013, as it can no longer rely on a windfall from companies making large back-tax payments.

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At the Finance Committee meeting Tuesday, the committee discussed the coming budget process for the next fiscal year, which will begin at the council level in late July. After discussing a new format for the budget sessions, Finance Director Steve Schlueter said the council will have to deal with cuts this year as revenues likely will be under $30 million.

“Revenues can only be down,” Schlueter said. “I told you ’13 would be a disaster.”


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