PITTSBURG — The Pittsburg City Commission received a five-year financial forecast for the city at its regular meeting Tuesday.
The plan was presented by City Manager Daron Hall and Financial Advisor Jamie Clarkson. The five-year plan helps the city assess how its decisions will impact the future. Clarkson and Hall also use it to outline future decisions to help the city reach its goals.
The top focus for the city continues to be housing, but the plan also looks at economic development, infrastructure and community wellness — among other things.
The plan outlined city debt, revenues and expenses with how they compared to last year. The city’s largest revenue source is sales tax. The in-city sales tax is currently 9.25 percent, made up of 6.5 percent to the state, 1 percent to Crawford County and 1.75 percent to the city.
Hall reported that they city’s portion will drop 0.5 percent in September when the public safety sales debt sales tax expires.
Clarkson reported that the city’s assessed value increased over 6 percent, slightly higher than his projection.
Hall and Clarkson also outlined the increases in city reserve funds, along with plans for those funds in the future. In 2018, the city plans to repaint the south water tower — something Hall said needs done desperately.
“We want to thank the city and the residents for letting us build utility funds so we can do this,” Hall said.
Hall and Clarkson also included recommendations for the future in the plan. They recommend a 2 percent salary increase for city employees in 2019 and 2021, as well as minimal change to the debt service mill rate from 2018 to 2021. They recommended no change to the general fund mill rate from 2018 to 2021.
“I appreciate you and the whole staff putting this together in a very understandable format,” Commissioner Patrick O’Bryan said.
The commission agreed before formally adopting the five-year plan.
— Chance Hoener is a staff writer for the Morning Sun. He can be emailed at email@example.com or follow him on Twitter @ReporterChance.