Grandview budget on target...says city treasurer

GRANDVIEW - While state and national lawmakers wrestle with balancing budgets, the city of Grandview is on track for 2011.

That was the message yesterday afternoon, Tuesday, from city treasurer John Myers during a Grandview City Council retreat.

The good news for Grandview, he said, included an 8 percent increase in sales tax revenues so far this year. Myers said the uptick is due in part to a grace period the state granted where businesses could pay back sales taxes without penalty.

All told, Grandview's current expense fund revenues through the first six months of 2011 are up 4 percent (about $260,000) from initial estimates.

The current expense fund pays for many of the city's day-to-day services.

Myers said while the overall financial picture is really good, there are some areas to watch. That includes revenue from real estate excise taxes, which the city receives when property is sold.

Grandview anticipated receiving $32,000 by this point in excise taxes but has only received $12,294 to date.

Other areas to watch, Myers said, include the city's irrigation, street and police funds.

In particular, Myers said two accounts in the street fund are running slightly over budget so far. Those are the street lighting fund, 3 percent over budget, and roadside fund, 9 percent over budget.

In response to a question from Councilman Jesse Palacios, Myers said because of uncertainty in the state and national economy he is hesitant to draw up budget expectations beyond 2011 until later this year.

"I don't trust what is going on at the state and national levels," Myers said. "They set the current for our economy."

Even so, Myers said Grandview's overall financial picture is looking relatively rosy compared to elsewhere in the region and the country.

"I am comfortable with those numbers," he said of Grandview's financial status through the first half of 2011. "We are in a good position, but not in a position of excess."


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