February 25, 2013
By Emily Jarrett
During a special work session today, the Sedalia City Council will start to tackle its Fiscal Year 2014 budget.
During its regular meeting last week, council got its first look at various factors that will have a major effect on the budget, the biggest being sales tax revenue. City staff projected no growth of sales tax during the next year and since sales tax makes up 62 percent of the city’s budget, no growth may have a large impact on what projects council decides to fund.
“This year I don’t anticipate any major construction projects, just our ongoing things like the repair of the Washington Avenue bridge and building the new fire station,” said City Administrator Gary Edwards.
Those two major projects, along with the repairs of the Sedalia Public Library, are already slated to be paid for out of the city’s $7.2 million bond.
Edwards said he expects council will focus on ongoing expenditures and personnel issues, including the requested addition of two police officers and rising health insurance costs.
“The thing (council) will have to keep in mind is that final number, the difference between our revenue and expenditures,” he said. “Right now the difference is $1.8 million, however, we’re still working on some numbers that will likely bring it down to between $1.1 and $1.6 million, what we usually see.”
Council will take no action on the budget today, but must pass a final budget before the next fiscal year starts April 1.
During the meeting, council also will hear a presentation on the downtown gateway arch project.
The Sedalia City Council will meet at 6 p.m. in the mayor’s conference room at City Hall, 200 S. Osage Ave. For more information call 827-3000.