It is hard to believe is it summer time and the year is half way through!
Although the mid-year budget report will be completed shortly after June 30th, as of the end of May the City has collected approximately 37% of all revenues as projected and expended 34% as projected in the FY2018 Budget. Sales Tax represents a majority of the City’s revenue source and as of May it is just $50,000 shy of FY2018 projections to date. Historically, the months within the second half of the year are the best for the City regarding sales tax collection!
Many City projects represented in the FY2018 Budget are being worked on or have been recently completed. One long anticipated project is the Mace Road Reconstruction. This two-part project is underway and is a total reconstruction of Mace Road that will carry over into 2019. The Osage Beach Parkway westside sealcoat and striping project is complete with the eastside of the Parkway to follow in the upcoming months. The Three Seasons Road overlay project is an intergovernmental agreement with Camden County which will be completed this month, as will the Grand Glaize Sealcoat and Holdsign Construction project. There are many other projects and activities going on in many of the departments, as all the departments within our municipal government are essential in building our community and providing superior municipal service!
We are dedicated to being good stewards of our community and will continue to operate efficiently to deliver superior municipal services to our citizens and visitors. Please do not hesitate to contact me with questions or comments.