Four new stop signs going up

March 26, 2013

in Local

By Kyle Siegel
Staff writer

On Monday, March 18, the Sedalia City Council held its biweekly meeting where they approved the budget for the 2014 fiscal year, as well as several ordinances that established stop signs at several locations.

The anticipated revenues for the 2014 fiscal year equal $27,062,313. It was reported that the anticipated expenditures for the 2014 fiscal year would total $41,590,120.

The projected fund balance as of 3-31-13 will be $54,566,751.

The anticipated fund balance as of 3-31-14 is $40,038,944.

Revenues from sales tax has been flat this year and that has been reflected in the upcoming fiscal year’s budget.

The anticipated revenues for the general fund are expected to be $14,969,646.

The remaining capital includes anticipated revenues from several other funds, including $2,334,000 from the Park Fund, Capital Improvement Fund totaling $1,188,098, $1,782,015 for the Capital Improvement 2 Fund and $5,615,284 from the Water Pollution Control Fund.

These funds equal the majority of the remaining anticipated funds with more coming from the Police Pension Fund, Fire Pension Fund, Library Fund and several other funds.

The anticipated balance of the General Fund is expected to be $9,095,906 by the end of the 2013 fiscal year.

City Administrator Gary Edwards was asked why the anticipated expenditures total of $41,590,120 wasn’t the actual budget total.

Edwards informed the News-Journal that the anticipated expenditures fund included grant dollars that will be spent and that it does not represent the actual budget total of $27,062,313.

In other council business, the council approved stop signs for the McKee Avenue and Wisconsin Avenue intersection, Wisconsin Avenue and Oak Grove Lane intersection, Granny Lane and Wisconsin Avenue and the intersection of Lamm Drive and Leroy VanDyke Avenue.

The council approved and accepted several agreements between organizations that require funds from the city to assist them in their operational needs.

An agreement between the City of Sedalia and Sedalia Downtown Development Inc, in the amount of $30,000, was approved by the council. These funds are to be used to advance and promote the Sedalia downtown area.

The council also approved an agreement between the city and the Scott Joplin Ragtime Foundation in the amount of $8,500. This is a $1,000 increase over last year’s amount.

The council approved an agreement between the city and Economic Development Sedalia-Pettis County in the amount of $120,000. This is an increase of $16,000 over last year. In return for the funds, EDSPC shall work to maintain and improve already strong job, industrial, manufacturing and economic base in the city and county.

An agreement totaling $2,000 was accepted between the City of Sedalia and the Whiteman Area Leadership council. According to an informational packet, the WALC shall provide resources to further enhance and expand the mission of Whiteman Air Force Base, a critical element of our nation’s defense and of the economic well-being of Sedalia.

The Sedalia City Council accepted and approved a Memorandum of Agreement between the city and Alliance Water Resources. The agreement allows for the continuation of management services for the city’s Water Pollution Control Department for a five year period. Under this agreement the city shall pay Alliance $22,111 a month for the fiscal year 2014.

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