The city of Ste. Genevieve is one step closer to having a budget for fiscal year 2020 after all.
The Board of Aldermen approved the first reading of the proposed budget by a 5-3 vote during a two-hour, 10-minute meeting last Thursday.
The budget will get its second reading and a final vote at the Thursday, September 26, meeting, just in time for fiscal year 2020 to begin on October 1.
The vote Thursday came after a tumultuous summer in which 10 budget work sessions were held, the relevance of tourism as a city-funded activity was debated and employee health insurance was scrutinized.
The final budget shows total expenditures of $2,151,927, about $25,000 below the $2,176,538 figure department heads had arrived at for the August 22 budget session. The new budget is essentially the version department heads submitted at a two-hour Monday night work session on August 26, with most departments cutting their budgets by 5 to 6 percent.
A proposed alternate budget devised by Ward 4 Alderman Bryant Wolfin and Ward 3 Alderman Mike Raney would have trimmed $82,000 from the $2,176,538 figure, or about $57,000 more than what was voted on Thursday.
The budget shows $2,622,463 in expected revenues, not counting the $840,000 estimated emergency fund and reserve certificates of deposit. The budget passed — with an amendment to stipulate raises of up to 3 percent for employees, upon recommendation of department heads. This was after some discussion over how to approach raises.
See complete story in the September 18 edition of the Herald.