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Osage Beach to shift CIT dollars into general fund to cover dispatch relocation and park projects
Summary
City administrator proposed moving capital-improvement-tax (CIT) funds into the general fund to fund the park irrigation and bathroom projects, slope stabilization and to cover a planned dispatch relocation; board directed staff to retain the dispatch move in the draft budget while reallocating CIT money.
Osage Beach City Administrator Devin Lake told the Board of Aldermen she would propose transferring certain capital-improvement-tax (CIT) funds into the general fund to pay for park irrigation, the portion of the park bathroom project due in 2024, slope stabilization work and to fund the Hatchery Road work and remaining park bathroom costs in 2025.
Lake said the reallocation “would leave an unrestricted amount of $521,570” that could be used to budget the dispatch relocation project and increase planned police interceptor replacements from two to three. Aldermen pressed staff for clarity about whether that figure was before or after the anticipated dispatch move and vehicle purchases; Lake replied that after those commitments the unrestricted balance would fall to “about 30 grand.”
Why it matters: moving CIT proceeds to general operations changes which capital priorities are paid from the dedicated sales-tax fund the public approved and which are paid from the city’s operating reserves. Lake said the proposed transfers would allow the city to complete at least one large general-fund capital project in 2025 while preserving funding for a dispatch relocation the board has discussed.
Board direction and follow-ups: After extended discussion about the composition of reserves and the priorities for capital funds, aldermen instructed staff to keep the dispatch relocation in the draft budget for now and to proceed with additional budgeting details. The board also asked staff to return with clearer, line‑item documentation showing how the proposed transfers change fund balances and which projects will be affected.
Next step: Lake will revise the budget materials to show the proposed CIT-to-general-fund transfers and provide a line-by-line accounting of the remaining CIT balance and the expected unrestricted general-fund balance for 2025 so aldermen can evaluate trade-offs at the next meeting.
