Joplin City Council Discusses Budget, Raises Tax Rate
The Joplin City Council got a first look at the budget for the 2014/2015 fiscal year Monday night. Finance Director Leslie Haase told the Council more than half of the proposed $168.5-million spending plan is funded thru government grants.
"Of course the story of this budget, and past budgets, and future budgets, are the intergovernmental grants we're receiving. We'll be getting just over $90-million, most of these are disaster recovery related funds."
Spending highlights include $3.3 million for a new Public Safety Training Center and $16 million in projects funded thru the Capital Improvement Sales Tax, which was renewed by Joplin voters earlier this month, $10-million for the new Joplin Library project and more than $3.6 million in park and stormwater projects.
The Council also approved a small increase to the city's property tax rate by a unanimous vote. The new rate is .4273%, meaning an increase of $0.74 to a yearly rate of $81.19 for a home valued at $100,000.