Columbia Leaders Discuss Budget

4 years 10 months 1 week ago May 08, 2012 May 8, 2012 Tuesday, May 08 2012 Tuesday, May 08, 2012 6:21:00 PM CDT in News
By: Andrew Carter
loading

COLUMBIA - Tuesday night Columbia leaders looked at the current fiscal year 2012 budget and look a look ahead at 2013.

The meeting was the first time the budget was discussed publicly as leaders addressed the different challenges of the budget such as the bus system.

"Particularly transit is going to run out of money at the end of fiscal year thirteen, so we have to change our model on our transit, either obtain revenue from additional sources, or cut back operations," said Finance Director Blattel. 

As of now the projected 2012 budget is running at about a 2.4 million dollar deficit.

According to Fitch Ratings, "The majority of the city's direct debt is supported from enterprise funds and is amortized rapidly; overall debt is moderate."

Blattel says the city plans to have spending equal revenue by fiscal year 2015.

More News

Grid
List
CLAYTON (AP) — A trial is underway in suburban St. Louis in the case of a mother accused of poisoning... More >>
2 minutes ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 5:10:12 PM CDT in News
OWENSVILLE (AP) — Authorities in east-central Missouri's Gasconade County say they're investigating as a homicide the death of a person... More >>
4 minutes ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 5:08:19 PM CDT in News
MEXICO - A middle school student was turned over to the Missouri Division of Youth Services Wednesday after Mexico Public... More >>
14 minutes ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 4:58:13 PM CDT in News
COLUMBIA – Missouri Vocational Rehabilitation held a public hearing in Columbia Wednesday to hear feedback on ways to improve services... More >>
1 hour ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 3:39:00 PM CDT in News
COLUMBIA – The Secretary of State’s office has implemented an initiative called “ Show It 2 Vote, ” to educate... More >>
2 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 3:10:00 PM CDT in News
COLUMBIA - The Southeastern Conference and Mizzou athletics are mimicking the National Football League and its initiative to keep game... More >>
2 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 2:43:00 PM CDT in Sports
COLUMBIA - The president of the East Campus Majority Housing Association said Wednesday his group "lost" Monday night with the... More >>
2 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 2:17:00 PM CDT in News
COLUMBIA - Columbia police are now investigating a Tuesday night shooting as a homicide. Shamya Nichole Brimmage died Wednesday from... More >>
3 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 1:46:00 PM CDT in News
GLASGOW – The coroner’s inquest for Kenny Suttner brought questions about the potential liability for employers and schools in... More >>
3 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 1:20:38 PM CDT in Target 8
ST. LOUIS (AP) — The husband of a woman whose body was found near a St. Louis freeway two days... More >>
4 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 12:27:18 PM CDT in News
ST. GEORGE (AP) — Authorities say two people have been killed after a sport utility vehicle's driver who was headed... More >>
6 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 11:01:06 AM CDT in Continuous News
COLUMBIA - One woman is dead after she was shot Tuesday night in Columbia. Shamya Brimmage, 25, died at... More >>
6 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 10:41:00 AM CDT in News
COLUMBIA - Police made two additional arrests connected with Sunday morning's disturbance at the Eagle Stop on I-70. Columbia... More >>
6 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 10:16:00 AM CDT in News
MAYSVILLE (AP) — A suspended northwest Missouri teacher has been charged with sexual misconduct with 10 teenage students. Thirty-nine-year-old... More >>
8 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 8:40:00 AM CDT in News
KANSAS CITY (AP) — Authorities say a welder accidentally started a fire that spread from a suburban Kansas City apartment... More >>
10 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 7:09:00 AM CDT in News
JEFFERSON CITY - The Cole County Clerk's office plans to test its voting machines on Wednesday morning in preparation for... More >>
14 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 2:56:00 AM CDT in News
COLUMBIA - Columbia police investigated an armed robbery at a hotel Tuesday night. Bryana Larimer, a public information officer... More >>
17 hours ago March 22, 2017 Mar 22, 2017 Wednesday, March 22 2017 Wednesday, March 22, 2017 12:04:00 AM CDT in News
BOONE COUNTY - A chase near Rocheport ended with a 15-year-old girl in custody Tuesday night. According to the... More >>
20 hours ago March 21, 2017 Mar 21, 2017 Tuesday, March 21 2017 Tuesday, March 21, 2017 9:11:00 PM CDT in News
Columbia, MO
Broken Clouds 54°
6pm 52°
7pm 50°
8pm 48°
9pm 47°

Select a station to view its upcoming schedule:

Coming Up Next

5:00p
KOMU 8 News @ 5
5:30p
NBC Nightly News with Lester Holt
6:00p
KOMU 8 News @ 6
5:00p
American Dad!
5:30p
American Dad!
6:00p
Family Guy

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
The 100
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld