OFallon Monument I-64 at Hwy K

O'Fallon Monument I-64 at Hwy. K (John Tremmel photo)

At its meeting on Nov. 14, the O’Fallon City Council conducted public hearings and gave first readings for Bill No. 7501, proposing the city’s 2023 budget, and Bill No. 7502, proposing the city’s capital improvement plan for 2023-2028. Both bills are sponsored by Mayor Bill Hennessy.

The city’s finance director, Vicki Boschert, acknowledged that changes would be made to the proposed budget prior to the next council meeting to reflect suggestions made at the Workshop conducted just prior to this council meeting. The bill will be amended prior to the second reading and vote.

If normal process and timing are followed, both bills will receive second readings and votes for passage at the next council meeting on Dec. 15, the only council meeting that month.

According to a background memo from Boschert, the budget consists of 17 different funds with anticipated revenues of $126,217,830 and planned expenditures of $128,877,348 (including transfers). The budget reflects the direction provided to staff during the course of budget preparation along with goals identified in the city's Strategic Plan. It includes 483 full-time positions at the beginning of the year, and five newly authorized positions, for a year-end total of 488 authorized full-time positions.

Boschert also explained that the city charter requires preparation and submission to the city council of a minimum of a 5-year Capital Improvement Program (CIP) to be included in the budget. The adoption of the CIP must take place on or before the last day of the current fiscal year.

The CIP is for planning purposes and does not constitute an adopted budget. The purpose of the CIP is to systematically plan, schedule and finance capital projects to ensure cost-effectiveness and conformance with established policies. The plan also provides a basis for funding future capital projects based on available resources.

Included in the 2023 CIP anticipated needs are street and road improvements; sewer and water projects; recreation facilities, including the Renaud Spirit Center and environmental services among others. The total anticipated CIP is $123,070,866. 

John is a news reporter covering the city of O’Fallon and St. Charles County government. He and his wife live in O’Fallon. They have a daughter, son-in-law, and two grandchildren, also in O’Fallon. He is happy his grandchildren now can beat him in golf.

 

John is a news reporter covering the city of O’Fallon and St. Charles County government. He and his wife live in O’Fallon. They have a daughter, son-in-law, and two grandchildren, also in O’Fallon. He is happy his grandchildren now ca

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