City Passes 2025 Budget; Awaits IM28 Impact

City Passes 2025 Budget; Awaits IM28 Impact

The City of Pierre's 2025 budget is set at just over $60 million.

The city has some imperative expenses that require funding in 2025, and they account for a significant piece of next year's anticipated revenue growth.

"Our biggest new expenditure next year is the $600,000 we're setting aside to replace the Fire Department's ladder truck," said Krisit Honeywell, City Administrator. "In total, the truck will cost us about $2 million. It's easier if we start setting money aside now to cover that cost rather than absorb it all in one year."

Honeywell added that nearly $430,000 is in the 2025 budget as the local match for the primary runway rehabilitation project at Pierre Regional Airport, and another $136,000 will be used to purchase new servers for the city.

"Those three expenditures account for about $1.2 million," said Honeywell. "We expect to be able to fund the ongoing expenses we have, as well as several other department requests like additional playground equipment and several pieces of new equipment."

Mayor Steve Harding expanded with a disclaimer to the budget explanation.

"The wildcard to the 2025 budget is Initiated Measure 28," said Mayor Harding. "If that measure passes during the November election, sales tax revenues will be reduced, and our programs supported by sales tax will be impacted."

"The budget we outlined tonight will be unworkable."

The city has two primary revenue sources -sales tax and utility rates.

Sales tax revenue supports the Police and Fire Departments, Parks and Recreation, Rawlins Library, City Administration, and the Street Department. Sales tax also provides funding for outside agencies such as The Discovery Center, Pierre Economic Development Corporation, Chamber of Commerce, River Cities Transit, Missouri Shores, Capital Area Counseling, the Boys and Girls Club, Meals on Wheels, and others.

The utility rates fund operations, maintenance, and improvements in each of their respective utilities.

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