Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Raytown board approves budget reallocations to cover transportation and stormwater shortfalls
Summary
The Raytown Board of Aldermen approved a resolution to amend the FY24–25 budget, reallocating funds to cover a roughly $1.8 million transportation sales tax shortfall and approximately $1.6 million in stormwater adjustments; Finance Director Michael Graham outlined the accounting and ARPA-funded project tracking behind the changes.
Raytown’s Board of Aldermen on July 1 approved a resolution to amend the fiscal year 2024–25 budget to address deficits in the Transportation Sales Tax and Stormwater funds.
Finance Director Michael Graham told the board the Transportation Sales Tax Fund shows a roughly $1.8 million shortfall driven in part by an item that was set up as a rollover in November but actually paid in FY24 (about $1,254,000), plus additional costs tied to the Raytown Road project (about $231,000). Graham said…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
