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Maryville City Council voted to approve the budget of $ 44,866,555 for the 2021-22 fiscal year which began Oct. 1 at its special meeting on Sept. 30.
The city’s new financial plan is the largest in Maryville’s history. Yet there are several other facets of the income and expenditure for the coming year that must be determined later in the year, including the income from the new water and sewer rate structure and the expenditure of American Recovery Act funds which are expected to be $ 1.170 million for the next year.
The recent Water and Sewer Tariff Study, prepared by NewGen Strategies & Solutions, Annapolis, MD, was presented by Eric Callocchia, Executive Consultant at the September 27 board meeting. The study focused on the revenue requirements, the cost of services and the pricing of utilities for the future water and sewer service. His report spoke of the necessary increase in water tariffs by 25 percent and sewer tariffs by 50 percent for the coming year. Then, over the next four years, water tariffs would be reduced to three percent. If the city decides to build a new water treatment plant, estimated at $ 20 million, water prices are expected to increase by 30% in 2027.
Much of these details have yet to be worked out as the biggest customer in Maryville’s water sales is the Nodaway County public water supply (rural water) and the rate the city decides to charge would determine the next decision. of the rural water department.
The 2021-2022 revenue of $ 47,215,836 will equal expenses and the actual operating expenses are expected to be $ 22,876,521. Capital expenditures will add funding of $ 20,460,724 on 45 items while there is $ 3,878,591 in debt service. There are $ 14,186,962 in starting resources that are carried forward to income.
The board has named five strategic goals for the coming year.
• Effectively implement improvements to the southern main corridor
• Redevelop the physical, economic and cultural viability of downtown Maryville
• Improve the overall water quality of Lake Mozingo
• Maintain and improve infrastructure and facilities
• Ensure fiscal sustainability and good governance
Many of the projects and priorities included in this budget align with these goals as well as Maryville’s overall plan.
The main initiatives included in the budget include the construction of the South Main Corridor Improvement Project, the expansion of the RV campground and the replacement of the boat docks at the Mozingo Lake Recreation Park, the repair of the plant. asphalt and street surfacing, trail construction, equipment replacement, water treatment pilot plant and premium to help recruit and retain law enforcement officers .
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