Monday, June 9, 2014

Joint Springfield-Greene County Planning Task Force to meet Wednesday

(From the City of Springfield)


The Joint City-County Planning Task Force will meet at 8 a.m., Wednesday, June 11 at the Greene County Archives & Election Center, 1126 N. Boonville. The group will discuss the potential impact of several pieces of legislation passed by the Missouri General Assembly during the final hours of the legislative session.
Greene County and the City are currently analyzing the effects of the legislation in regard to potentially significant reductions in revenue. Officials say it is challenging given the broad scope and variety of special interests catered to in these bills.
"None of the bills carried fiscal notes, and many did not have public hearings, so what we have to go on is the Governor's analysis, which relies on data from the Department of Revenue and the Budget Office – essentially assumptions based on every jurisdiction being affected on a pro-rata basis," said City Manager Greg Burris.
In Springfield, approximately 60% of revenue in the General Fund comes from Sales Tax and Use Tax. The City also has a Capital Improvements Sales Tax, a Transportation Sales Tax and Public Safety Sales Tax that funds the Police-Fire Pension Fund. County-wide sales taxes fund law enforcement, 911 Emergency Communications, parks for both the city and county, as well as county roads and other county services.
"Needless to say, we are very concerned about ANY decrease in sales tax revenue since any decrease would negatively impact all of these funds,” Burris said.

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