2025 budget amendment approved

2025 budget amendment approved

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An ordinance addressing the fiscal year 2025 budget amendment was approved at a recent special city council meeting.“This budget amendment is presented to address the difficulty the city has experienced with personnel recruitment and retention in light of significant changes in compensation in our market,” said Excelsior Springs City Manager Molly Mc- Govern. “A market update was commissioned to recommend changes that would improve our position and it is discussed under a separate council item. A budget amendment has been prepared to implement the study recommendations.”The adjustments outlined in the amendment pertain to property taxes in the general fund and the parks and recreation fund, which are based on the current property valuations, according to Mc-Govern. Real property values have seen a modest increase of 0.11%, while personal property values have decreased by 8.4%. As a result, the property tax rates will be raised by two-and-a-half...

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