Jefferson City Budget
Mayor to release draft budget to City Council on July 27
Next week will mark the start of Jefferson City’s annual budget process as Mayor Carrie Tergin will present her draft budget July 27 to the City Council.
The News Tribune sat down with Jefferson City officials to discuss the city’s existing revenues and whether, after several years of tight budgets, the city needs to look at increasing its revenues.
The Jefferson City budget committee has concluded its work and put its stamp of approval on the draft 2015 budget, but not without making several changes to what had been proposed by Mayor Eric Struemph.
Final approval expected at Oct. 20 City Council meeting
After more than one month of discussions, the Budget Committee has put its stamp of approval on the draft 2015 budget for Jefferson City.
Jefferson City officials seeking long-range plan for vehicle, equipment replacement
Jefferson City officials likely will have to consider how to address an aging fleet of vehicles, and some officials may be looking for a more global approach in addressing the issue.
The Jefferson City Council is inviting public comment on the draft 2015 budget at its regular council meeting Monday.
How much should be kept in reserves?
New financial policies will soon be introduced to the Jefferson City Council for consideration, but most discussion is likely to center around the question of how much should be kept in reserve funds.
The Jefferson City Council reviewed 10 department budgets in less than three hours Thursday night, making several proposed changes to the mayor’s draft 2015 budget.
Budget discussions to start in late August or early September
Jefferson City will see a late start to the annual budget process as city officials try to estimate the impact of state issues on the August ballot and in the September veto session.
The final sales tax numbers for Jefferson City’s 2013 fiscal year are in and, despite revised projections, receipts fell short of the city’s expected goals.
Jefferson City is nearly one month into the 2014 fiscal year, and finance officials are working on closing out accounts from the previous year, hoping to come as close to projections as possible.
Several residents spoke in favor of an expanded transit system in Jefferson City, but that expansion is unlikely to happen in the near future as the city struggles with falling revenues.
After a nearly two-month long process, the Jefferson City Council finalized the 2014 budget last week, a budget of roughly $28 million in general fund revenues and expenses.
Projection given as part of a long-range marketing study
Jefferson City should expect a conference center to operate in the red for at least a decade, even though it has “key characteristics” to support a conference center, City Council members were told Thursday night.
In a close vote, the Jefferson City Council has rejected a bill that would have provided for two floating holidays for city employees.