Transparency by the Numbers

Comptroller Green's new initiative, "Transparency by the Numbers," makes fiscal issues more transparent and provides information on their impact on City residents.

Understanding how city government works can be daunting. One aspect of city government is its finances. The city's finances are managed by the Office of the Comptroller. Comptroller Darlene Green is the city's chief fiscal officer. The Comptroller has broad investigative and audit powers over city departments, agencies and has administrative responsibility for all financial departments, accounting procedures and contractual obligations. As the chief overseer of taxpayer's dollars, the office guards the people's assets and conducts its operations and transactions openly and transparently. 

St. Louis City government serves at the behest of its citizens and is accountable to residents. Comptroller Green believes an open and transparent government serves the taxpayers' best interests. She has provided the following documents and resources to assist citizens in accessing information and to help demystify the complex financial operations of St. Louis City government.

Current Issues

Earnings Tax

Post Dispatch article Fitch downgrades credit rating
Comptroller responds to credit rating

Are There Companies That Receive Earnings Tax or Payroll Tax Exemptions?
The earnings tax is an assessment levied on everyone who lives and/or works in the city of St. Louis. Are there exceptions?

U.S. Cities That Levy Income (Earnings) Taxes
Compare St. Louis's low 1 percent rate to other major cities that impose an earnings tax.

No-Tax-Increase $25 Million General Obligation Bond Issue Proposition F on the April 5 Ballot
City leaders are requesting that St. Louis City voters pass a no-tax-increase $25 million general obligation bond, called Proposition F, which is on the April 5 ballot. The bond issue is being requested of taxpayers to enable the city to improve critical public safety and infrastructure needs. The bond will utilize the current tax levy; thereby, will not increase citizens’ taxes.

The Earnings Tax Proposition E on the April 5 Ballot
The Earnings Tax is an assessment, or tax, levied on everyone who lives and/or works in the City of St. Louis. A one-percent tax is imposed on salaries, wages, certain commissions, and other compensations and goes into the city’s general revenue budget. The Earnings Tax is identified as Proposition E on the April 5 ballot.

Budget

No pages meet the criteria

Credit Rating

Comptroller Green's Statement Regarding Fitch Rating
In recent months, credit rating agencies have revised their rating criteria and the City of St. Louis will be affected by the changes.

Comptroller Green's Statement Regarding S&P Global and Moody's Ratings
In recent months, credit rating agencies have revised their rating criteria and the City of St. Louis will be affected by the changes.

Post Dispatch Fitch downgrades credit document
Comptroller responds to Fitch downgrade

St. Louis American: Earnings tax reauthorization hurt city
In recent months, credit rating agencies have revised their rating criteria, and the City of St. Louis will be affected by the changes. The city has been proactive and commissioned a 10-year financial strategic plan, approved in September 2015 by the Board of Estimate and Apportionment.

Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.