Our TKC #TBT subtitle . . .
Spend all you want, we'll print more!!!
For now here's the main takeaway . . .
Currently at $1.9 billion, the 2022-2023 budget takes a "cautiously optimistic" approach, anticipating a bounce back from the COVID-19 pandemic.
City leaders said Thursday during a council business session that the biggest comeback is expected to come from tourism. Take, for example, tax revenue coming from hotels and motels. That's money that significantly bottomed out at the start of the pandemic.
This budget year, city staff are assuming that hotel and motel revenue growth will be 35%. They also expect sales tax revenue to increase 13% over last year.
But there are already concerns over a six-month extension of the existing hiring freeze. It's a money-saving move affecting all non-union jobs.
Read more via www.TonysKansasCity.com news links . . .
KANSAS CITY, Mo. - The chunky binders are in the hands of Kansas City Council members, officially starting the season of "deep dives" into the proposed city budget. And there's a lot to go through. Currently at $1.9 billion, the 2022-2023 budget takes a "cautiously optimistic" approach, anticipating a bounce back from the COVID-19 pandemic.
Kansas City will have nearly $2 billion in the upcoming fiscal year to fund numerous agencies and departments and improve city services for its more than 500,000 residents, according to the city budget unveiled Thursday. Most of that money will go to support public safety, transportation and infrastructure, housing and neighborhoods.
Developing . . .