News

Mayor Duggan Announces Four Year Budget Forecast

February 24, 2015

By Marissa Gawel


Photo: Marissa Gawel

Mayor Mike Duggan delivered his budget forecast to City Council this morning. He estimates about $1.1 billion of general fund revenue in both 2016 and 2017. Duggan says he doesn’t expect state budget deficits to affect revenue shared with the city, unless the May ballot proposal for roads doesn’t pass.

“The ballot issue for roads is enormously positive for the City of Detroit, not just for roads, it also allows us to significantly expand our bus service, but if it doesn’t pass and the legislature comes back in June and decides they’re gonna come up with general fund money to pay for the road problems, we could be facing a whole different challenge to revenue sharing, and that’s where I see the risk being.”

Duggan says he has plans to more aggressively pursue federal grants this year. The city must give the city’s financial review commission a four-year budget plan next month.