Among the many concerns that COVID-19 has created is the impact on the economy. Since Fort Osage relies heavily on the state budget, next year certainly presents financial issues. Thus far Governor Parson has made two cuts to the current state budget (FY 20) which have directly impacted Fort Osage's transportation budget by a reduction of 7%. The state is currently projecting between a $700 million and $1 billion shortfall for next year's budget (FY 21). The legislators are working to pass a budget by the May 8 deadline although a special session to complete this task isn't out of the question. I will be meeting with Team Fort Osage on May 7 to discuss salary and benefits for the coming year. One factor that always impacts the budget is rising health insurance costs. We are keeping this likely increase in mind as we plan for next year’s budget. Maintaining a balanced budget is a priority for the Board, and my goal is to achieve that while continuing to provide appropriate staffing, good health insurance coverage, and fund steps and movement for staff. Comments are closed.
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