City Budget, Expenses ‘Pretty Close’ Through First Half of Fiscal Year - The Missourian: News

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City Budget, Expenses ‘Pretty Close’ Through First Half of Fiscal Year

Revenue, Expenses on Track for City

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Posted: Wednesday, July 25, 2012 8:00 am | Updated: 7:02 pm, Sat Jun 22, 2013.

St. Clair is close to being on target as far as budget numbers are concerned as the second half of its fiscal year began at the start of this month.

Mayor Ron Blum and City Administrator Rick Childers provided a financial snapshot to the board of aldermen last week during its regular meeting and reported that through June, both revenue and expenses are on track compared to the budgeted amount.

“All in all, we’re pretty close to our projections so far,” Blum said. “We’re doing well. It looks good. We’re right on target, and we’re happy with that.”

Halfway through the fiscal year, which mirrors the calendar year, $1.174 million in revenue has been received in the general fund while $1.071 million has been spent. That leaves the city in the black at this point in that account by $103,484.

The numbers add up to 50.26 percent of the general fund revenue that has been collected at the halfway point while 46.75 of the budget has been spent.

The other funds the city uses are in similar situations.

The water and sewer fund has a surplus of $176,272 at the halfway point, the park fund is $15,683 in the black, the street improvement fund shows a surplus of $16,108, the half-cent sales tax fund is about $25,755 behind projections at this point and the transportation fund’s revenue is $99,000 ahead of expenditures at the halfway point.

When the 2012 budget was approved in December, it was balanced for the fourth year in a row. The city’s overall budget totaled $6.503 million.

All of the six individual funds  — general, water and sewer, park, street improvement, half-cent sales tax and transportation tax — were all individually balanced as well.

Blum and Childers cautioned, however, that some individual line items in the various funds may look skewed because of the timing of when the money comes in and when it is spent as compared to the 12-month fiscal year projections.

Ordinance

The aldermen approved one ordinance on July 16 when they unanimously supported directing Childers to approve a $9,250 proposal from Williams Electrical Services for St. Clair Community Center electrical upgrades.

Childers said $10,000 was placed in the 2012 budget for community center improvements.

“After reviewing needs there, electrical upgrades are the most critical,” he said. “This was the lowest bid to complete these upgrades.”

The city recently had requested bids, and those received were opened during the July 2 meeting. Williams Electric was the lowest bid submitted.

Other Business

•Christopher Turner of Tres Torinos restaurant was granted a one-day picnic liquor license for the Sept. 22 St. Clair Area Chamber of Commerce Merchants Committee Street Festival.

Childers said all the appropriate paperwork had been submitted and background checks performed.

•Blum said a citizen who wished to remain anonymous donated $1,000 toward a tourism promotion that the city is seeking partnership with from the St. Clair Area Chamber of Commerce.

The promotion would give St. Clair two pages of a 16- to 20-page insert in an upcoming issue of Missouri Life magazine.

During the July 2 meeting, Chamber Executive Director Angela Crawford discussed the tourism promotion idea with the aldermen, and the city agreed to fund half of the proposed $2,000 cost. Crawford said she would ask the Chamber board of directors to see if it would be willing to put the other $1,000 toward the project.

“There are some really good people out there willing to help us,” Blum said. “We really appreciate them.”

•St. Clair resident Tim Hamilton was appointed to serve on the city’s planning and zoning board. He replaces Jeff Rego, and his term begins immediately.

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