Jefferson City Budget
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.
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.
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.
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.
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.
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.
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.
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.
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.