The Columbia City Council voted to approve the fiscal year (FY) 2025 budget at Monday night’s meeting. The total proposed spending for fiscal year 2025, which starts Oct. 1, is around $562 million dollars.
- Total Revenue: $539,046,424
- Total Expenditures: $562,697,174
- Operating Expenditures: $528,230,417
- Capital Improvement Projects: $34,466,757
The fiscal year 2025 budget is a 3% increase from the fiscal year 2024 budget of $546,300,283. De’Carlon Seewood, Columbia’s city manager, says the growth isn’t actually all that much.
“We’re not saying, ‘Alright, we’re going off the cliff,'” Seewood said. “But, we need to make sure we’re minding and looking at what we’re doing to make sure we’re managing correctly. And so, when we talk about a 3% growth in our budget, in our overall budget, that’s not a substantial increase. That’s actually looking at making sure we’re sticking with our cost of living.”
The city’s general fund will be distributed as expenditures to various departments:
- Police: 24.4%
- Fire: 22.4%
- Health …