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The Rolla Daily News - Rolla, MO
  • 'Not much happening' in city budget growth

  • Monday night, the Rolla City Council heard a presentation on the budget for fiscal year 2014 by City Administrator John Butz.
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  • Monday night, the Rolla City Council heard a presentation on the budget for fiscal year 2014 by City Administrator John Butz.
    The council had also scheduled Tuesday night to continue discussing the budget, but after just 90 minutes, Butz was finished, the council members had asked all the questions that popped into their mind and the workshop closed.
    A public hearing on the budget will be held Sept. 3 at the regular council meeting, which will be on Tuesday night rather than Monday, owing to Labor Day.
    Like last year, there wasn't much need for discussion because, as Butz said, "There's just not a whole lot happening."
    The sales tax is growing at only about 1 percent a year, so there's not a lot of extra money available, although Butz is projecting a 2 percent increase for FY 2014.
    As Mayor Bill Jenks put it, "Revenue is flat."
    In a nutshell, the city fathers are looking for revenues of $24,774,229 next fiscal year and expenditures of $27,452,878.
    That's a shortfall of $2,678,649, but Butz explained that it was the result of sewer bond proceeds received in the current fiscal year that will be spent into next fiscal year.
    "In essence, it's a balanced budget," Butz said.
    The city is expected to start the fiscal year on Oct. 1 with a fund balance of $12,573,415 and end the year on Sept. 30, 2014, with $9,894,766.
    The city began the current fiscal year with $10,628,628. The city began fiscal year 2012 with $10,826,588. It began FY 2011 with $12,504,658.
    Butz said employees will receive a 1 percent pay increase, and their insurance premiums will not increase. Last year, many employees took home less money because their pay increase did not cover the increased insurance cost. One fee increase was noted. That's a 2.5 percent increase for the sewer use fee that will increase 10 cents to $4.50 per 1,000 gallons of water used.
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