Annual Budget

The City of Holden's Annual Budget outlines both income and expenditures that are expected to be received and paid over the coming year. This budget helps to plan for the upcoming year and makes the necessary adjustments in cash flow to cover expenses. The City of Holden's Annual Budget is a vital instrument in accurately projecting future cash flow and effectively managing incoming revenue and existing debt.

Some explanations for Holden residents: 

Some funds, such as Street Department, the Parks Department, and Stormwater funds, are from specific taxes collected. The funds in these categories (and others) CANNOT be used for expenses in other departments. They are restricted for the purposes the taxpayers voted for. A real world example: Due to the limited nature of the taxes collected for "Transportation Sales Tax" (Street Department), then they have to manage their budget very closely. Due to limited funds, they are able to rebuild approximately 7 blocks per year. The City continues to look for grants and other funding opportunities to help the Street Department (and other departments) with any shortfall or other larger projects. The Street Department is working off a 5-year street improvement plan, but also does "emergency" or maintenance type activities as well. We appreciate your patience.

If you have any questions regarding any finance or budgeting activity, we welcome a conversation with you. Contact City Hall, and we'd be happy to explain how things work in Holden, MO.  

The summary budgets are listed below.