3/18/2015 - Sedalia FY16 Budget Approved
Sedalia's FY16 Budget Approved
The Sedalia City Council has unanimously approved the FY16 $29.5 Million Operating Budget. The document continues with higher than normal funding for street repairs. Streets were the Council's highest priority during the January 10th goal setting session. Sales tax revenues are projected to be 4% higher in FY16 than they were in FY15. The Year-to-Date sales tax total for the FY15 budget is 8.6%. The annual budget procedure began in December and concluded with the budget approval on March 16th. The budget team, which oversaw the process, included the Mayor, City Administrator and the current and former Finance Directors.