Tagged: budget

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Surplus
4:10 pm
Fri August 3, 2012

City posts small surplus for last fiscal year

The top three elected officials at St. Louis' City Hall have finished their work on the FY12 budget. Now, it's up to the aldermen.

The extra sales tax generated by a long postseason of baseball helped St. Louis city end the fiscal year with a $4.3 million surplus, but officials say that sigh of relief is only temporary.

Revenue was up just about $4 million in the fiscal year that ended June 30, driven by higher hotel and sales taxes from the World Series. Lower-than-expected spending made up the rest of the surplus.

It's always better to have more money than expected, says city budget director Paul Payne, but the growth may not be sustainable.

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St. Louis County Parks
9:30 pm
Tue July 24, 2012

St. Louis County Parks Department business plan shows a $500,000 budget shortfall next year

Credit (via Flickr/Trailnet)
A tour group in Fort Bellefontaine County Park.

The St. Louis County Parks Department presented its business plan to the County Council last night, and for now, no park closures are being discussed. 

Officials with the parks department said they’re doing their best to cut unnecessary expenses and uncover new revenue streams, but currently the department has a $500,000 budget shortfall for 2013.

The budget outlook could get much worse in 2014, and Parks Department Director Tom Ott said they would need to make drastic cuts without adequate funding.

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