St. Louis, MO – The St. Louis Board of Aldermen has approved the city's operating plan for fiscal year 2010.
The $960 million budget is essentially the same as last year's, as revenue remained flat. To cope with rising expenses, aldermen are counting on $3.4 million in salary savings from furloughs - a week for regular civil service employees, two weeks for management-level. The aldermen have agreed to dock themselves a week's pay - President Lewis Reed will lose two weeks - but police and fire are exempt.
Jefferson City, MO – Investment and operation staffers for the Missouri State Employees Retirement System will receive about $460,000 in bonuses that some state lawmakers have called inappropriate.
MOSERS lost $1.8 billion this year, but the pension system has outperformed the market over the last five years, and met performance objectives for this year. The MOSERS board did authorize a study of the system's compensation system.
St. Louis, MO – Traffic on eastbound Forest Park Parkway at Debaliviere Avenue will be down to one lane starting after the Friday morning rush for emergency concrete repairs.
All lanes are expected to be open by Monday morning, said St. Louis city streets director Todd Waelterman. Crews have to replace eight concrete panels that are unlikely to last until Interstate 64 reopens in December.
St. Louis, MO – A federal grand jury on Thursday indicted a 31-year-old Canadian man who is accused of stealing a single-engine Cessna from his Ontario flight club in April and landing it seven hours later in Ellsinore, Mo., about 165 miles east of Springfield.
Adam Dylan Leon faces three federal felonies: interstate transportation of a stolen airplane, importation of a stolen aircraft, and illegal entry into the United States.