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Sterling Heights expects $800,000 net revenue drop but nearly $40 million in road funding from state budget
Summary
Sterling Heights will see an estimated $800,000 net reduction in near-term state-shared revenue but a major boost in road funding, City Manager Mark Vanderpool told the City Council.
Sterling Heights will see an estimated $800,000 net reduction in near-term state-shared revenue but a major boost in road funding, City Manager Mark Vanderpool told the City Council.
“The constitutional revenue sharing ... we’re gonna see a reduction of 8% … that equates to about a million dollars for us in round numbers,” Vanderpool said. He added the legislature created a new public-safety revenue-sharing formula that will deliver roughly $200,000 to Sterling Heights, leaving an estimated $800,000 net loss in…
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