Part of our responsibility of providing superior municipal services to our community includes using our resources wisely and maintaining a balanced budget. The operating budget is a planning document outlining the uses of the City’s monetary resources.

The current FY2019 budget supported nearly $35.4 million in expenditures and is estimated to end overall under budget with a few projects to be carried over into FY2020. In revenues, FY2019 Sales Tax, which represented 41% of the overall revenue from all City Funds, to date is less than 1.2% over collections from FY2018.

The FY2020 Operating Budget process began with three recent workshops with the Mayor, Board of Aldermen, and Staff, in which draft #1 was reviewed, supporting expenditures of $29.5 million. The workshops are times set aside for staff to present to the elected body a draft budget and answer questions in preparation for an adoption by the elected body in December. The City operates a fiscal year beginning January 1.

With completion of the workshops, the Mayor and Board of Aldermen will be presented with FY2020 Operating Budget Draft #2 on December 5, 2019, during the Board of Aldermen meeting. A public hearing will precede the first reading request at that meeting.

City staff is dedicated to being good stewards to our community and will continue to operate efficiently to deliver superior municipal services to our citizens and visitors.  And, we want to hear from our community. Please stay engaged through our social media pages as well as our website, never miss any information by signing up for all City alerts at www.osagebeach.org. Click on the “Notify Me Sign Up” and follow the easy steps.