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Finance director updates council: public safety fee revenue, water plant financing closing
Summary
Finance Director provided a quarterly financial report, projecting roughly $384,000 from a new public safety fee, updating utility receivables, and saying water treatment plant financing is scheduled to close at the end of the month.
Mister Moon, Finance Director, presented a quarterly financial update to the Independence City Council on Jan. 28 that covered the newly adopted public safety fee, utility collections, the failed local option levy and the status of water treatment plant financing.
"We expect, as a result of that, to collect about $384,000 this fiscal year from that public safety fee, which is all earmarked for the police department," Moon said, contrasting that amount with the police department's operating budget. "The police department's operating costs…
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