Jefferson City Budget

Jefferson City officials closing out 2013 budget

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.

Support voiced for expanded transit system

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.

JC Council’s 2014 budget evolved over two months

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.

Consultant: Conference Center to lose money before it makes money

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.

Jefferson City Council rejects floating holidays

In a close vote, the Jefferson City Council has rejected a bill that would have provided for two floating holidays for city employees.

Council approves 2014 Jefferson City budget

The Jefferson City Council has put its final stamp of approval on the 2014 budget, by a 8-2 vote.

More than a year away, city braces for tough 2015

Revenues predicted to create tight budget again

Jefferson City officials already have begun bracing for another tough fiscal year in 2015. The city has used a number of one-time revenues to balance the 2014 budget and those funds will need to be made up for in the 2015 fiscal year.

Jefferson City Council commits to hiring new finance director

Official: Job description must be narrowed down

The Jefferson City Council has decided to pursue a full-time finance director, but what that position really will entail is still undecided.

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2014 Jefferson City budget moved to Council

Amid continuing concerns about the tight finances, the Jefferson City Budget Committee approved moving the 2014 budget to the City Council level by a 6-4 vote.

Jefferson City Council to decide on floating holidays

The Jefferson City Council is expected to take action Tuesday on a bill that would provide two floating holidays for city employees. The holidays only would be given to full-time employees and the four part-time employees who have benefits.

Sales tax falls short of estimates

Jefferson City sales tax numbers have missed the mark yet again, with overall sales tax revenues coming up short for the year and only four months left of collections.

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Jefferson City budget process nears end

Almost no changes made to mayor’s proposed budget

Jefferson City’s budget process is nearing the end of discussions, and City Council members say this year has been an overall smooth process. In a tight fiscal year, the council so far has made no changes to the budget proposed by Mayor Eric Struemph, a stark change from past years.

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How do Missouri cities bring in general revenue?

Some cities rely less on property taxes than Jefferson City

Like most Missouri cities, Jefferson City municipal government relies on three major sources of funding for its general revenue fund, with 2014 projections calling for 34 percent of general revenue to come from sales tax, 25 percent from franchise and utility taxes, and 18 percent from property taxes.

Will there be a future for JCTV?

As the Jefferson City Council winds down the budget process, many are concerned about the future of JCTV. The station’s $110,000 of city funds was eliminated in Mayor Eric Struemph’s proposed budget, and the council, so far, has made no changes to that proposal.

Councilmen broach idea of hiking property tax levy

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.

Jefferson City Budget