The rough draft details call for a $2.44 million budget for next year, down more than a million from the 2017 budget of $3.65 million. One of the most significant differences is the completion of the regional lift station in 2017, reducing the carryover amount by about $1 million.

The Lake Ozark Board of Aldermen got its first look at a proposed 2018 budget last week that calls for some significant shifts in numbers, and anticipates a slight surplus at the end of the fiscal year.

The rough draft details call for a $2.44 million budget for next year, down more than a million from the 2017 budget of $3.65 million. One of the most significant differences is the completion of the regional lift station in 2017, reducing the carryover amount by about $1 million.

A final draft of the 2018 budget will be presented for board approval at the regular December 12 meeting.

City Administrator Dave Van Dee told the board last week that 2017 will close out in the black, although final figures wouldn't be available until early December. The city will also be able to add to its reserve funds which are set aside for emergencies and major projects.

While anticipated revenues for next year are at $2,449,466, expenditures also declined to $2,439,753 for a slight balance of $9,713. That's about where the 2017 budget is expected to finish.

The projected changes in revenues for each major fund are:

Administration (-$1,179,882)

Police Department (-$40,379)

Municipal Court (-$3,505)

Planning and Zoning (+$15,417)

The projected changes in expenditures for each major fund are:

Administration (-$1,214,045)

Police Department (+$15,525)

Dispatch (+$5,291)

Municipal Court (+$3,138)

Planning and Zoning (-$19,340)

Budget Highlights

The 2018 budget provides funding for all essential services in all funds with the focus on the general fund.

Van Dee anticipates the purchase of two new police vehicles as well as maintaining the current level of service including major events such as Hot Summer Nights, the Lake Race, Magic Dragon Street Meet, Bikefest and several parades.

The Public Works funds include the possible purchase of a replacement vehicle and one more staff position in the Utility and Water Department, painting the water tower and other capital projects. Public Works also includes funds for an engineering analysis of the city's transportation system condition and ways to fund street improvements. Also included is engineering costs associated with design of a Public Works Administration building on School Road.

Van Dee cautioned that any street improvement program "won't be done overnight. This is the beginning of the process."