Quantcast

Joplin City Council Votes to Transfer Funds in Work Session - KOAM TV 7

Joplin City Council Votes to Transfer Funds in Work Session

Updated:
JOPLIN, MISSOURI -

A work session, Monday, for Joplin City Council members leads to payment changes on a multi-million dollar city debt and the transfer of funds from the JHAP program. 

The Joplin City Council unanimously votes to deposit $2.87 million into an account to pay off the city's remaining debt from renovations including turning the Newman building into city hall. 

The alternative option would have the city continuing to make annual payments of $430 thousand towards the debt. 

The decisions won't save the city any money but will free the city of a $430 thousand dollar annual expense in future budgets.

"Obviously this year we had some budget constraints. and so looking forward to next year, trying to avoid some of those budget constraints," Joplin Finance Director Leslie Haase said. "But on the flip side, you're going to take money out of unrestricted fund balance to do that. and you would need to build that fund balance back up over time."

The issue will need to be voted on again during a council meeting.

Public Works Director Nick Heatherly gives a general update on the status and future of the city's infrastructure.

He also shows the council a template of the departments unfunded needs list. It's a way to identify and keep track of citizens concerns and possible projects for the future.

The department's budget is set, but Heatherly says the information should be useful for the council in future decisions.

"You don't necessarily have the resources right now to deal with all of these issues," Heatherly said. "No community has that level of resources. so the challenge is always dealing with the needs you have, with the resources you have available."

The public works presentation is just informational. The council does not take a vote on anything presented.

The council does vote 6-2 to move forward on main street infrastructure, using the extra funds remaining from JHAP.  
 
The Director of Planning, Development, and Neighborhood services, Troy Bolander, said JHAP already met it's goal for construction and housing. 

Bolander said JHAP may have moved from being a disaster recovery program to an entitlement program, propping up the housing market. 

The council will need to vote on the transfer of funds again during a regular city council meeting. 

Tim Spears
FOX 14 News Anchor, Reporter

In September 2014, Tim Spears joined KOAM as a Reporter. Tim previously worked at 95.1FM (Mike FM) and was a Sports Producer at PSU. Young Timothy was born in Atlanta, Georgia, and was raised in Kansas City, MO area.

#5Facts:

Hard-luck fan of every Atlanta sports franchises

Self-proclaimed karaoke champion

Unashamed consumer of reality television

Received an athletic scholarship for boxing through the Kansas City Golden Gloves

Always welcomes baked gifts

Follow Tim:
On Facebook
On Twitter

Tim Spears:
417.624.0233 or 620.231.0400
tspears (at) koamtv.com

Powered by Frankly

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2017 KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.