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SMITHVILLE — While the city remains financially stable and debt-free, Smithville officials say more funding is needed to complete key infrastructure projects in the coming year.
At the first of four scheduled budget workshops held June 18, City Council discussed potential cost savings and departmental cuts to help support future development. The conversation centered on balancing current revenue with long-term project needs.
City Manager Robert Tamble presented the city’s latest audit for the 2023–24 fiscal year, which received a “clean” rating—meaning the city’s financial statements were deemed accurate and reliable. For the upcoming 2024–25 fiscal year, Tamble said revenues are expected to exceed expenditures, boosted by gains in hotel occupancy and sales tax collections.
