City of Kearney releases proposed budget for 2018-2019 fiscal year

City of Kearney releases proposed budget for 2018-2019 fiscal year

KEARNEY, Neb. – City of Kearney Finance Director, Wendell Wessels presented the proposed city budget to the City Council at a special meeting Tuesday morning. Wessels gave a total of $74,401,354 for fiscal year 2019 which is down almost $16 million compared to the current 2018 budget for Kearney.

Wessels credited such a big change in large part to the $12 million Kearney Airport project which resulted in a renovated runway.

As is expected with the constant work to improve the city, Public Works will take up close to 20% of the total budget for this upcoming year as Kearney continues to add on and make changes to the community.

A majority of projects for the next year will be those that will include improvements and additions. The largest of those being a plan to upgrade a crucial water treatment plant for the city of Kearney that hasn’t been update since 1986.

The city’s largest sources of revenue that make up the proposed budget for each fiscal year include sales and property taxes.

Wessels and Kearney Mayor Stan Clouse appeared later Tuesday morning on KGFW’s Talk of the Town.