A Public Hearing on the City of Sikeston’s FY-08 (July 1, 2007 through June 30, 2008) Budget will be conducted at noon on Wednesday, May 16, 2007 in the Council Chambers of Sikeston City Hall, 105 East Center Street, Sikeston, MO.  A general summary of this proposed budget is presented below.  All budget numbers are subject to change based upon the public hearings and subsequent City Council action. 

The proposed FY-08 Budget Message and complete Budget will be available for public review at Sikeston City Hall and on the City’s website, www.sikeston.org, after May 16, 2007.  Public comment or questions may be directed to the City Council at the address above or emailed to cityhall@sikeston.org. Public comment and questions may also be directed to City Manager Doug Friend at 471-2512.  Public comment on the FY-08 Budget will be accepted through June 15, 2007.

 

CITY OF SIKESTON – SUMMARY PROPOSED FY-08 BUDGET

  GENERAL   TRANS. SALES TAX   PARK   TOURISM
REVENUES FUND   FUND   FUND   FUND
Taxes $4,206,455   $1,442,021   $294,174   $54,410
Licenses & Permits 215,666            
Intergovernmental 3,553,449            
Charges for Services 1,046,862            
Rents & Leases 48,938       24,977    
Miscellaneous Revenues 448,998   32,066   5,116    
Fines & Forfeits 366,264            
             
TOTAL REVENUES $9,886,632   $1,474,087   $324,267   $54,410
             
EXPENDITURES              
General Government $2,583,017           $54,000
Administrative Services 361,629            
Public Safety 4,950,833            
Public Works 969,141   1,028,000        
Parks         470,639    
Swimming Pool              
Municipal Court 229,557            
             
TOTAL EXPENDITURES $9,094,177   $1,028,000   $470,639   $54,000
             
EXCESS (DEFICIENCY OF)            
REVENUE OVER EXPENDITURES $792,455   $446,087   ($146,372)   $410
             
OTHER SOURCES  $3,271,902       $150,000    
OTHER USES $3,991,902   $400,000        
             
BEG. FUND BALANCE $2,928,390   $1,517,253   $56,430   $77,975
END. FUND BALANCE $3,000,845   $1,563,340   $60,058   $78,385

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