FY07 Budget Announcement

FY07 Budget Announcement

For awhile now, city hall denizens have been hearing rumors about the city's revenues being higher than anticipated this and next fiscal year.

It appears the rumors were correct.

After a big stink about raises for three top managers, and critical response from the AFSCME union (Local 410 represents some craft/clerical city employees), the mayor has proposed all city workers will get a 3% raise on January 1, 2007.

MayorSlay.com has more.

And here's even more, from a message sent to city employees with email about a half-hour ago:

Message from the Mayor

As an employee of the City of St. Louis, you have played a major role in the renaissance of our City, a comeback that has been chronicled by USA Today, National Public Radio, Dow Jones Newswire and others. Because of your effort, our City looks better, is cleaner, safer, more beautiful, with more residents, better municipal services-and a growing tax base. Most importantly, there is a strong faith in the City’s future.

Last week, I told you that my staff has been working on pay raises to become effective no later than July 1, 2007. I am pleased to tell you that Alderman Steve Conway and I have developed a plan to move the timetable up by six months.

At the Ways and Means Committee meeting this morning, my staff and Alderman Conway will propose a 3% pay raise for all City employees effective January 1, 2007.

The resources for the pay raise will come from a higher estimate of our year-end surplus, increased state prisoner reimbursement, and savings from cuts in management through attrition.

This proposal still must be approved by the Board of Estimate and Apportionment and the Board of Aldermen.

I want to thank Alderman Conway, and Barb Geisman and Ron Smith of my staff for their hard work.