During a recent government meeting, officials discussed the discrepancies in revenue projections related to property assessments and the implications for the city’s budget. A council member expressed concerns over previous numbers that did not align, particularly regarding the assessment of parcels, which included properties not subject to taxation, such as those held by the land bank. The correct assessment, based on taxable parcels, was confirmed to be $72.18 per parcel, leading to a projected revenue decrease of approximately $150,000.
Despite this reduction, officials reassured that the revenue for the life fund remains robust and will meet budgetary needs without creating a deficit. The discussion highlighted that the current assessment rate remains unchanged from the previous year, prompting suggestions for potential relief for residents if the fund is indeed self-sustaining.
Additionally, the meeting addressed the need for a streetlight audit in Flint, with a focus on ensuring adequate lighting in darker areas of the city. Officials noted that $2.5 million in ARPA funds has been allocated for streetlight replacements and enhancements, although no actions have been taken on this front yet. The city administration is expected to lead the project, with residents encouraged to report areas needing additional lighting to facilitate improvements.
Overall, the meeting underscored the importance of accurate financial assessments and the ongoing efforts to enhance public safety through improved street lighting in Flint.