Among reports given during Monday nights’ Trenton City Council meeting, City administrator Ron Urton said bids are sought for abatement and demolition of three city-owned buildings at 17th and Lulu. Bids are due at city hall by April 3rd. Structures are described as being in the way of the proposed new 17th Street Bridge. Urton […]
Tag: revenue
Trenton city sales tax revenue down substantially across the board
Trenton City sales tax revenue is down more than two and one-half percent for general purposes and capital projects, down about three and three-quarters percent for fire department purposes, and down four percent for parks. Those figures are for the first eleven months of this fiscal year compared to the same period a year ago. […]
Tax return preparer fraud makes IRS’ 2019 ‘Dirty Dozen’ list of tax scams
The Internal Revenue Service has included tax return preparer fraud on its “Dirty Dozen” list of common tax scams for 2019 and offered tips to help taxpayers avoid unscrupulous tax preparers. With the Tax Cuts and Jobs Act, the most sweeping tax reform legislation in more than 30 years now in effect, some taxpayers may […]
Audio: Missouri House Budget Committee Chairman unveils $100 Million transportation plan
Governor Mike Parson’s office says they’re confident that a final transportation agreement with Missouri lawmakers is possible, before the end of the session in May. The governor’s office is responding to House Budget Committee Chairman Cody Smith’s 100-million dollar transportation plan, which does NOT incur new debt. The Carthage Republican has concerns with the governor’s […]
Trenton Finance Committee to reccommend borrowing of money from TMU to cover wastewater plant costs
The finance committee at a meeting Tuesday night decided to recommend to the full city council that money be borrowed from one department of Trenton Municipal Utilities to assist another department in paying costs of a major project. Such action is being recommended after the committee and council members were discouraged from doing so by […]
Kansas City man arrested in Livingston County on drug and weapons charges
Livingston County Sheriff’s office reports an arrest for weapons and possible drugs following a traffic stop for speeding this past weekend. Just after midnight Saturday, a deputy stopped a vehicle on Highway 36 for driving 86 miles an hour in a 65 zone. Sheriff Steve Cox said the Kansas City driver did not have a […]
‘Where’s My Refund?’ remains easiest way to check tax refund status
The Internal Revenue Service reminds taxpayers that the easiest way to check on a tax refund is “Where’s My Refund?,” an online tool available at IRS.gov and through the IRS2Go app. The fastest way to get a refund is to use IRS e-file and direct deposit. The Tax Time Guide, a resource to help taxpayers […]
Trenton City Council informed of possible business venture interested in building at airport
Discussion on several topics dominated a 90-minute meeting last night of the Trenton City Council. Action was taken on just two items and approval was given by the seven council members present to a resolution for reimbursement to the city of over $54,000 in expenditures made since July on the new asphalt plant project. The […]
Audio: Missouri Department of Revenue blasted at House Oversight Committee hearing
The Missouri Department of Revenue says state tax refunds are about 80-dollars lower than a year ago, in part because of a longstanding inaccurate calculation at DOR involving the federal tax deduction. Revenue Director Joel Walters testified Wednesday before a House oversight committee in Jefferson City, saying some taxpayers will have to pay because they […]
Audio: Missouri Senate committee considers charging sales tax for some online purchases
A Missouri Senate committee is considering whether the state should be charging a 6.5-percent sales tax on out-of-state internet purchases. Missouri School Boards Association spokesman Brent Ghan says the tax could bring in additional money for the state. Ghan hopes lawmakers would not use the additional revenue to give tax cuts. […]
Trenton Finance Committee announces agenda for upcoming meeting
The Trenton Finance Committee plans to discuss the 2019-2020 budget at a meeting next week. The committee will meet at the Trenton City Hall on Tuesday evening at 6 o’clock. A budget discussion will include general fund revenue for administration and non-departmental as well as capital fund.
A breakdown in revenues, expenses, and profits of Trenton Municipal Utilities
Much has been said in recent months about revenues, expenses, and profits of Trenton Municipal Utilities. Information has been shared with the Utility committee that indicates December financials show a loss for the month instead of a profit. While profit is determined from revenues, minus normal operating expenses, debt payments and major construction costs are […]
Grundy County Commission adopts deficit budget for 2019
The Grundy County Commission adopted the 2019 county budget on a vote of two to one on Tuesday morning. The budget estimates revenues of $4,693,199 and estimates expenditures of $5,195,618 which leaves a projected deficit of $502,419. First District Commissioner Don Sager voted against adopting the budget due to the large projected deficit. Second District […]
Grundy County budget for 2019 projects deficit
Grundy County Clerk Betty Spickard reports the proposed 2019 county budget projects a balance deficit of $502,419. Estimated revenues for 2019 total 4,693,199, and estimated expenditures total $5,195,618. The budget includes a 5.8% increase in medical insurance, a 21.9% increase in worker compensation at this time, an eight percent increase in liability insurance, and a […]
TMU shows profits of approximately $2M through December
Trenton Municipal Utilities financial information shows the electric, water, and wastewater departments all have net revenues surpassing expenses this fiscal year. Profits, following depreciation, are about $970,000 for the electric department, nearly $929,000 for the wastewater division, and slightly over $147,000 for the water department. Figures are through December 30th and include revenues minus expenses and […]
Missouri House Speaker Elijah Haahr announces House Committee chairmanships
House Speaker Elijah Haahr announced today the House Committee chairmanships and his selections for Republican membership on House committees for the 100th General Assembly. “One of the greatest qualities of the Republican Caucus is the diverse experiences and talents this group of individuals brings to our legislative process,” said Speaker Haahr, R-Springfield. “We have worked […]
Breaking down the Trenton Fire Department sales tax revenues
The majority of the fire department sales tax revenues will be used to make annual payments on the new fire truck that was put into service last year and on forthcoming development of land and construction of a fire training tower. Combined, these expenses top $1,847,000 which include $1,200,000 for the development of a ten-acre […]
Audio: Missouri auditor slams Dept of Revenue goof over not withholding enough money from paychecks
State Auditor Nicole Galloway is criticizing a Department of Revenue mistake that could cost many taxpayers part of their refund or they might owe money this year. The department did not withhold enough money from paychecks. During a swearing-in ceremony Monday at the state Capitol in Jefferson City, Galloway, of Columbia, says if […]
Trenton City Council overrides Mayor’s veto, hires law firm in regard to land and fire department burn tower
The Trenton City Council last night over-rode the Mayor’s veto and selected a special tax attorney to prepare legal documents related to the financing of the fire departments’ burn training tower and land development. The agreement is with the public finance law firm Gilmore and Bell. The company was represented at last evenings’ city council meeting […]
Grundy County Local Emergency Planning Committee holds lengthy meeting
The Grundy County Local Emergency Planning Committee approved the budget as proposed at a meeting Tuesday. Secretary Kelli Hillerman reports anticipated expenses for the local emergency planning committee include nearly 26 hundred dollars ($2,565) for Hazardous Materials dues, $200 for training, and $100 each for meetings and Tier 2 (II) notices, for a total of […]