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Keokuk City Council Approves Spending Plan

By on March 16, 2013
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THE KEOKUK CITY COUNCIL APPROVED A 2013-2014 SPENDING PLAN DURING A SPECIAL MEETING THURSDAY AFTERNOON.

 

THE PROPOSAL CALLS FOR THE CITY TO SPEND JUST UNDER $24 MILLION IN 2013-2014… THAT’S DOWN ALMOST THREE AND A HALF MILLION DOLLARS FROM THE LAST FISCAL YEAR.

 

REVENUES ARE FORECAST AT $23.84 MILLION IN 2013-2014, MEANING THE CITY’S CASH RESERVES WILL BE USED TO MAKE UP FOR A PROJECTED SHORTFALL OF JUST UNDER $54,000.

 

THE COUNCIL APPROVED THE SPENDING PLAN BY A 7-0 VOTE.