- Two men accused of selling meth to undercover cop (6/22/17)
- Cape man stabbed in head, arm after strip-club incident; skull fractured, police say (6/25/17)3
- Custom cuts: Local hairstylist provides free haircuts to special-needs children (6/26/17)3
- Police: Man grabbed wheel, tried to kill driver and himself in Jackson crash (6/23/17)
- Marble Hill man accused of beating, kidnapping woman (6/27/17)
- Annual SEMO District Fair event lineup announced (6/23/17)2
- Oran town board fired officer before hiring him as police chief; city officials say they can't remember reason for firing (6/25/17)2
- Playing with fire (6/25/17)
- Two charged in theft of jewelry from Cape storage facility (6/23/17)1
- Business notebook: Man's cheesecake whim becomes a full-time vocation (6/26/17)
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.