$1 Billion Budget for St. Louis

5 years 7 months 3 weeks ago Tuesday, July 01 2014 Jul 1, 2014 Tuesday, July 01, 2014 7:34:52 AM CDT July 01, 2014 in News
By: The Associated Press

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.

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