Columbia City Council to Vote on How to Spend 2012 Budget Surplus
COLUMBIA - While several cities across Missouri are struggling to keep balanced budgets, Columbia city council members will discuss ways to spend more than $600,000 left over from a $1.9 million budget surplus.
In May, the city council allocated almost $1 million to various city programs. A month later, it set more than $300,000 aside for improvements to the J.W. Boone Home in Columbia.
The bill, which is set to be voted on Monday night, sets aside $300,000 to various infrastructure projects throughout the city. $150,000 would be used to help small business startups in Columbia, and Central Missouri Community Action would receive $50,000 to grow its microloan program.
The bill is expected to pass at Monday night's meeting which begins at 7 p.m. at Columbia City Hall.