ST. LOUIS (KMOX) – The city of St. Louis sees a budget surplus for the second year in a row.
Comptroller Darlene Green says the city ended the fiscal year just passed with a $2.4 million surplus — that surplus was $2.2 million the previous year. The city didn’t take in as much money as expected but also didn’t spend as much as expected.
In a statement Green says the biggest shortfall came from natural gas and telecom tax receipts — which came in about 5 percent below budget.
The surplus will accrue in the city’s general fund.
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