- Missing Jackson woman found dead in Bollinger County pond (06/23/16)3
- Many Jackson students may face random drug-testing (06/26/16)30
- Village of Zalma must disincorporate, law says (06/23/16)5
- Jackson man accused of felony assault after attack at Cape bar (06/26/16)7
- I want an angry president (06/21/16)17
- Coroner asks for grand jury in Poplar Bluff fatal hit-and-run case (06/28/16)
- Man allegedly kicks woman, punches man after denied a sexual favor (06/23/16)
- Witness says he saw suspect kill his best friend (06/24/16)
- Officials: Ash borer less of a problem here than in St. Louis (06/27/16)
- Business notebook: Melting Co. adds to Cape's food-truck fleet (06/27/16)
Jackson holding the line
Jackson residents got some good news from city hall earlier this month: The city's electric rates won't be increased, even though budgeted spending of $30.07 million will likely exceed revenue from all sources (utility funds, sales taxes, general revenue, grants) by about $3 million. Carry-over balances from previous years will be used to make up the difference.
From last 2006 until mid-2007, Jackson phased in increases in electricity rates that raised revenue 40 percent. The reason was the higher cost of electricity the city purchases to resell to its customers.
With most governmental entities facing tough budget decisions because of declining revenue, all possible revenue streams must be considered.
But even though sales tax revenue in Jackson declined 3.72 percent last year from the year before, city officials said other revenue sources and belt-tightening would be used to balance the budget rather that raising the cost of electricity.