From staff reports
CARTHAGE, Mo. —
The city of Carthage doesn’t start a new fiscal year until July 1, but officials already have started work on a budget for the year.
The schedule for city budget work was outlined in a calendar approved by the Carthage City Council last month. And goals and objectives for the fiscal year will be discussed Monday in a meeting of the council’s budget ways and means committee.
After several years when revenues have declined, Tom Short, city administrator, said it appears the city might expect to benefit from a more stable economy. Sales tax collections represent a significant share of city revenues.
“Collections are still lower than in years past but they seem to be coming back in line, so we’ll extrapolate those numbers forward.” he said.
For this year, the budget adopted by the council sets general fund expenditures at $8.2 million, up 8.9 percent over previous year’s spending. Officials said city revenues also were higher because of the effects of the Joplin tornado.
The Carthage Budget Ways and Means Committee meets at 7 p.m. Monday in city council chambers.