As of Wednesday, May 14, 2014
GRANDVIEW – The 2014 budget is healthier than originally projected.
That’s the news from Grandview City Treasurer Matt Cordray, who last night recommended an amendment to the budget to the city council.
The city has a current expense fund balance that is $225,000 higher than was projected when the budget was approved last December.
Beginning balances that are also higher than was projected include the city’s EMS fund ($12,000), law and justice tax fund ($35,000), cemetery fund ($15,000), equipment rental fund ($55,000) and the transportation benefit district fund ($68,000).
Cordray said, “We collected more property taxes than was anticipated.”
He said the police department was also frugal with its spending.
The street fund, however, has a lower beginning balance than was projected, said Cordray. City Administrator Cus Arteaga said that is because the city is awaiting reimbursement for projects funded by the state.
He asked the council to approve a fund transfer of $100,000 to the street fund so that contractors can be paid while the city awaits the payment from the state.
“I want to pay the contractor for completing the work,” said Arteaga.
The council, expressing the desire to honor the contractors and not make them wait for payment, agreed to include the $100,000 fund transfer from the general expense fund to the street fund.
The Grandview City Council approved the budget amendment by a 6-0 vote. Councilman Mike Bren was absent at Tuesday’s meeting.