The Jefferson City Council recently approved their 2018 fiscal year budget.

The tax levy rate will drop by seven cents to $15.15 per $1,000 valuation at the start of the next fiscal year on July 1st. The tax levy consists of the general fund, which is $12.83, and the debt service levy of $2.32. Compared to the current fiscal year, the debt service levy is down $.32 while the general fund levy is up $.25.

City Administrator Mike Palmer feels the budgeting process went well again this year.

“We usually start our process in August with our priority workshop session. From there, that’s where we can start going through the committees and department heads. Our rough budget is usually done by the end of the (calendar) year. These last few months have just been going through the mechanics of any last minute tweaking and finally the passage.”

The City had to submit their budget to the state by March 15th.