13K
Life MemberLife Member
13K

PostFeb 26, 2025#251

Draft as of Feb 4
Screenshot_20250225-181533.png (611.68KiB)

2,037
Life MemberLife Member
2,037

PostFeb 26, 2025#252

That's a big number for Parks, Recreation and Forestry.

1,794
Never Logs OffNever Logs Off
1,794

PostFeb 26, 2025#253

quincunx wrote:
Feb 26, 2025
Draft as of Feb 4
Screenshot_20250225-181533.png
City should have done a massive bond issuance when money was free. Those days are over

1,677
Totally AddictedTotally Addicted
1,677

PostFeb 26, 2025#254

Ebsy wrote:
Feb 26, 2025
That's a big number for Parks, Recreation and Forestry.
I didn't know that when I asked for proper trash cans at clifton park rather than used oil barrels the bill would be this high..

2,678
Life MemberLife Member
2,678

PostFeb 27, 2025#255

.

2,260
Life MemberLife Member
2,260

PostFeb 27, 2025#256

There's significant overlap between support for Jones and Green and Baringer and Spencer.

13K
Life MemberLife Member
13K

PostMar 28, 2025#257

Stl Mag - Many St. Louis property owners see big appraisal hikes


https://www.stlmag.com/news/st-louis-pr ... increases/

PostApr 09, 2025#258

Muni bonds crashing. Glad Stl is cash rich.

9,545
Life MemberLife Member
9,545

PostApr 24, 2025#259

FY 2026 City budget highlights

FY2026 proposed budget for the City is $1,408,800,000, a 5.4% ($72.5m) increase over the FY2025 budget

Total budgeted employees:

FY 2026: 6487
FY2025: 6604

-117 year to year, most of the cuts were from police after the union agreed to the cuts in exchange for a 7% raise


ARPA funds generated $37.5m in interest for the City from 2022-2025, here is how it was spent;

$15.3m for convention center expansion
$5.0m to general revenue fund
$6.9m circuit courts capital improvement
$10.3m to judgement fund (pay for lawsuits against the City)

In 2017, voters approved a half cent sales tax (while rejecting a use tax for new mls stadium). That tax is expected to generate $24.3m in FY26 (+3.6m carried over from
Fy25 that was unspent. By law this is how that $27.9m has to be spent.

Transit(N/S metrolink expansion ) $14m (total balance of this account is now around $86m)

Neighborhood stabilization: $3.4m
Workforce development: $5.0m
Public Safety: $2.4m
Infrastructure: $2.4m

City is on track to run a $42.2m surplus in FY2025. Half will go into the fy2026 capital improvements plan and other half into the rainy day fund, which now has a balance that well exceed best practices, should we get a recession, the City is well positioned to not half budget issues as a result of that


https://www.stlouis-mo.gov/government/d ... g-plan.cfm

This document below describes the budget process but also has a good breakdown on City debt and who holds it (most of it is held by the airport) and a lot of other good info

https://www.stlouis-mo.gov/government/d ... pendix.pdf

12K
Life MemberLife Member
12K

PostApr 24, 2025#260

It sounds like the City is in great shape financially, so why is our credit rating so low? Is that normal for cities our size?

5,704
Life MemberLife Member
5,704

PostApr 24, 2025#261

^ good question.   Curious as my thought has to do with revenues from tax generation, sales and earnings, which can be highly fluctuating depending on the economy.   So essentially a hedge by lenders.  Give to good of rating and such lenders might be wishing something different if tax revenues tank. 

9,545
Life MemberLife Member
9,545

PostApr 24, 2025#262

framer wrote:
Apr 24, 2025
It sounds like the City is in great shape financially, so why is our credit rating so low? Is that normal for cities our size?
Depends which one you look at. We are high quality AA with Fitch. Top end of upper medium with S&P

Airport still has a sh*t load of debt. $733m

97
New MemberNew Member
97

PostApr 24, 2025#263

The rating of A2/Stable by Moody's is a good rating

1,642
Totally AddictedTotally Addicted
1,642

PostApr 25, 2025#264

Not saying this negatively or positively, off top of head that's roughly 10 city employees per square mile.

PostApr 25, 2025#265

leeharveyawesome wrote:
Apr 25, 2025
Not saying this negatively or positively, off top of head that's roughly 10 city employees per square mile.
Wait, that's 100 city employees per square mile? Wow omg. Apologies, I went to public school.

13K
Life MemberLife Member
13K

PostMay 12, 2025#266

Good idea

StlToday - After state takeover, St. Louis to charge police department for city services


https://www.stltoday.com/news/local/gov ... -top-story

2,260
Life MemberLife Member
2,260

PostMay 12, 2025#267

It's a very good idea. Looks like it already triggered some south county clown.

97
New MemberNew Member
97

PostMay 12, 2025#268

Any idea of how much can the city charge for these services?

2,260
Life MemberLife Member
2,260

PostMay 12, 2025#269

Rick Prieto wrote:
May 12, 2025
Any idea of how much can the city charge for these services?
The proposed budget is a $21 million increase in line with the new state law, $16 million of which will be paid back for services provided by the city, such as legal or maintenance.

2,037
Life MemberLife Member
2,037

PostMay 14, 2025#270

All is fair in love and war.

97
New MemberNew Member
97

PostMay 14, 2025#271

Auggie wrote:
May 12, 2025
Rick Prieto wrote:
May 12, 2025
Any idea of how much can the city charge for these services?
The proposed budget is a $21 million increase in line with the new state law, $16 million of which will be paid back for services provided by the city, such as legal or maintenance.
Do you know where I can see what they will do with the additional $5 million?

2,260
Life MemberLife Member
2,260

PostMay 15, 2025#272

No idea

PostJun 16, 2025#273

https://www.stltoday.com/news/local/cri ... r_stltoday

City to pay former police chief $505k to settle lawsuit over wife's death.

He should be in prison, not getting any money from the citizens of STL. Insane miscarriage of justice.

PostAug 28, 2025#274

https://www.stltoday.com/news/local/gov ... 9c479.html

City to require workers burn through paid vacation and paid sick days before using paid time off to take care of family members or recover from illness.

Last year, 632 city employees, or about 10% of the city's workforce utilized the benefit. Spencer says it has significantly strained departments' overtime budgets and impacted staffing.

The exact benefit in question is 6 weeks of paid time off to take care of family members or revover from illness.
------
Seems like a pretty dumb way to go about this. Why not just cut the benefit from 6 weeks to 3 weeks or 2 weeks? Make paternal leave 6 weeks and family/medical leave 3 or 2 weeks. Why make people who have actual family or medical reasons to miss work burn through their paid vacation and sick days first? Just seems like a good way to get workers to quit and make working for the city slightly less attractive when it's already not very attractive.

111
Junior MemberJunior Member
111

PostAug 29, 2025#275

Vacation PTO must be paid out upon termination (for any reason). The City may pay out sick time upon term as well, not sure. So if you can use your family/med leave time as vacation, essentially, without touching a bucket that is a guaranteed bonus upon terminating, there's going to be abuse or creative interpretation or however you wanna characterize it. In case they get fired or quit, they haven't yet spent their reimbursable PTO.

Read more posts (88 remaining)