$1 Billion Budget for St. Louis
ST. LOUIS (AP) - For the first time ever, St. Louis has a $1 billion budget.
The new fiscal year started Tuesday. The St. Louis Post-Dispatch reports that Mayor Francis Slay on Friday signed a bill approving the budget, which is 1.9 percent larger than last year's $985.2 million budget.
Some of the largest expenditures include $117 million for the police, $55 million for the Fire Department, and $22.5 million for the justice center. The city also is expected to pay $86.2 million in pension costs.