According to the city manager, the loss of Shop ‘n Save in Maplewood is causing an adjustment to the city’s budget, currently being worked on by the city staff.
Maplewood City Manager Marty Corcoran told 40 South that when all sources of revenue related to Shop ‘n Save are considered, the loss to the city is estimated at over $500,000. That amount will be taken into consideration in the city’s 2017-18 budget.
City officials have planned a work session at the beginning of the next city council meeting to discuss the budget.
To put that in some perspective, the total property tax revenue for the city (estimated) for 2016-17 is $3,450,000, and for 2014-15 it was $3,126,274 (actual). See the full city budget for 2016-17: PublicBudget2016-17
The city will receive an extra $400,000 from the St. Louis County’s Proposition P, earmarked for public safety.
See also: Maplewood officials consider tattoo studio, Prop P funds, Maplewood residents meet over Prop P funds: transparency wanted, Brentwood to use Prop P for street lights, protective equipment, furniture