Jefferson City Budget
City’s financial straits focused on cuts amid falling revenue
Public hearings will be held Monday on Jefferson City’s property tax levy and proposed 2014 budget. As of Thursday, there is no proposed change to the tax rate but the city has the option to increase the rate for the general fund this year.
A tentative date has been scheduled for the Jefferson City Council to wrap up budget discussions.
The Jefferson City Council soon will revisit the idea of granting two floating holidays for city employees.
The Jefferson City Council is continuing its 2014 budget discussions, going through each city department to see if any changes need to be made.
Pink sheets detail unfunded needs in city departments
The Jefferson City Council will review the proposed 2014 budget with a fine-toothed comb Monday, but council members will find very few differences between Mayor Eric Struemph’s proposed budget and the one proposed by City Administrator Nathan Nickolaus in May.
In tight fiscal year
The Jefferson City Council will begin its 2014 budget discussions Monday, starting with revenue projections. But in what is expected to be a tight budget year, what will council members see as the biggest funding priorities?
Alpla is seeking a city exemption to allow for a cap on the amount it would have to pay to the city in gross utility taxes. A city official said if the exemption were granted to the plastic bottle manufacturer, the city would lose $40,000 annually.
Jefferson City staff will begin working with JCTV to come up with a list of metrics to help measure the success of the station. Metrics have been added to the city’s contract with the Jefferson City Area Chamber of Commerce and the Jefferson City Convention and Visitors Bureau.
July receipts come in $74,000 above projections
For the first time since March, Jefferson City’s general sales tax receipts have exceeded projections. 2nd Ward Councilman Shawn Schulte said July receipts for the 1 percent general sales tax came in $74,000 above the city’s projection of $797,780.
Includes measures to prepare for Lockwood's retirement
The Jefferson City Parks and Recreation Commission has approved its 2014 budget, which includes an added expenditure of more than $63,000 to fund the creation of a new deputy director of the department. It now goes to the City Council for consideration.
Officials cite an increase in tax delinquencies
Jefferson City is facing declining revenue for the coming fiscal year, and one area of revenue that is predicted to fall is property taxes. City officials say the declining taxes are not tied to declining values, but more due to a decrease in collections.
City administrator identifies five possibilities of new revenue
Jefferson City Administrator Nathan Nickolaus is identifying new ways for the city to find revenue. The possibilities are a transportation tax, a 911 charge on phones, a use tax, raising the property tax or creating a storm water utility.
Jefferson City’s sales tax revenues are continuing to fall below projections, even after city officials lowered sales tax expectations. May's report shows the 1% general sales tax came in $30,074 below projections.
JCTV’s contract may be undergoing some changes as members of the Jefferson City Council look to add in metrics to measure the station’s success.
Property owners may bear the brunt of cutbacks
A proposed ordinance being considered by Jefferson City officials would place responsibility for streetside tree maintenance in most of the city onto the property owners.