From Saturday’s Joplin Globe:
JOPLIN, Mo. — Joplin’s proposed city budget may have a big bottom line, but the city’s finance director says actual city operating costs have been squeezed by economic conditions.
Expenditures for the 2011 fiscal year come to $144.9 million, compared with $111.4 million for the current fiscal year, which ends Oct. 31.
“While we have a lot of capital projects in it, from an operational standpoint, we have cut more than we ever cut,” said Leslie Jones, finance director.
Capital projects in Joplin for next year are budgeted at $59.6 million.
The full article can be read here.
Key items from their budget include:
- $26 million for work to be done on the city’s two wastewater treatment plants
- $24.1 million for street projects
- $5 million for a public safety training center
- $4.5 million for stormwater projects
- Anticipated 15% increase in health care costs
- $11.3 million from general sales tax (up 1%)
- $14.8 million from city fees and charges
- $7 million from franchise fees
- $929K from their share of a 40.38 property tax levy
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