Pierre’s 2024 budget has been set at $57.3 million.
Finance Officer Twila Hoffrogge says the city’s primary revenue sources are sales tax, property tax and utility rates. She first summarized the current and projected tax situation.
Hoffrogge says there are currently no rate increases in the upcoming budget year for the electric, water or waste water utility fees.
Hoffrogge says Pierre has some big projects carrying over from the 2023 budget to the 2024 budget.
Mayor Steve Harding says Pierre has some smaller projects that were delayed because neither contractors nor supplies were available. He says delays usually increase project costs and tie up additional resources, so they’re also working to clear a variety of little projects from the list in 2024.
Commissioner Jamie Huizenga says the City also provides a stipend to a variety of quasi-governmental and non-profit organizations that provide valuable services in Pierre. He says they are pleased they could again find budget dollars to help PEDCO, PARS, the Discovery Center, the Boys and Girls Club and several others.
Sales tax receipts support the Police and Fire Departments, Parks and Recreation, Rawlins Library, City Administration, the Street Department and funding for outside agencies.
The utility rates fund operations, maintenance and improvements in each of their respective utilities.
WRITTEN VERSION:
Pierre’s 2024 budget has been set at $57.3 million.
With several big projects straddling the 2023 and 2024 budget, Pierre Mayor Steve Harding says the commission looked at next year’s budget a little differently than it has in recent years.
“Before taking on any new and major initiatives, we’re focusing on buttoning up the projects we have in process,” said Mayor Harding. “The wastewater treatment plant renovation and the outdoor pool are two of the big ones.”
Mayor Harding explained further that a variety of smaller projects were delayed because neither contractors nor supplies were available.
“Unfortunately, delays usually increase project costs and tie up additional resources. We’re working to clear a variety of little projects from our list in 2024.”
Projects aside, the city is well positioned to continue all its quality-of-life operations and maintenance efforts while helping out more than a dozen outside agencies.
“Not everyone realizes, we provide a stipend to a variety of quasi-governmental and non-profit organizations that provide valuable services in Pierre,” said Commissioner Jamie Huizenga. “We’re pleased we can continue to find budget to help PEDCO, PARS, the Discovery Center, the Boys and Girls Club and several others.”
The city has two primary revenue sources -sales tax and utility rates.
Sales tax receipts support the Police and Fire Departments, Parks and Recreation, Rawlins Library, City Administration, and our Street Department. Sales tax also provides funding for outside agencies.
“We’re showing strong sales tax receipts so far in 2023 and anticipate we’ll continue to see that in 2024,” said Harding. “We’re sitting comfortably!”
The utility rates fund operations, maintenance and improvements in each of their respective utilities.
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